McDonalds – Yum! Brands Inc. stock underperforms Wednesday when compared to competitors
Shares of Yum! Brands Inc.
slid 0.09% to $120.49 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
rising 0.19% to 4,195.99 and the Dow Jones Industrial Average
rising 0.03% to 34,323.05. The stock’s fall snapped a two-day winning streak. Yum! Brands Inc. closed $2.24 short of its 52-week high ($122.73), which the company achieved on May 10th.
The stock underperformed when compared to some of its competitors Wednesday, as McDonald’s Corp.
rose 0.09% to $232.35, Starbucks Corp.
rose 0.20% to $112.85, and Chipotle Mexican Grill Inc.
fell 0.02% to $1,345.81. Trading volume (2.2 M) eclipsed its 50-day average volume of 1.5 M.