DJ Chipotle Mexican Grill Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Chipotle Mexican Grill Inc. $(CMG)$ inched 0.51% higher to $1,875.58 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.23% to 4,320.06 and Dow Jones Industrial Average falling 0.31% to 33,963.84.
The stock's rise snapped a three-day losing streak.
Chipotle Mexican Grill Inc. closed $299.43 short of its 52-week high ($2,175.01), which the company reached on July 19th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as McDonald's Corp. $(MCD)$ rose 0.37% to $272.22, Starbucks Corp. $(SBUX)$ rose 0.62% to $93.68, and Yum! Brands Inc. $(YUM)$ rose 0.25% to $125.00.
Trading volume (201,194) remained 71,890 below its 50-day average volume of 273,084.
Data source: Dow Jones Market Data, FactSet. Data compiled September 22, 2023.
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(END) Dow Jones Newswires
September 22, 2023 16:49 ET (20:49 GMT)
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