DJ Chipotle Mexican Grill Inc. Stock Rises Thursday, Still Underperforms Market
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Shares of Chipotle Mexican Grill Inc. $(CMG)$ inched 0.11% higher to $3,141.99 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.91% to 5,064.20 and the Dow Jones Industrial Average rising 0.85% to 38,225.66.
The stock's rise snapped a two-day losing streak.
Chipotle Mexican Grill Inc. closed $99.43 short of its 52-week high ($3,241.42), which the company achieved on April 29th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as McDonald's Corp. $(MCD)$ fell 0.42% to $273.28, Starbucks Corp. $(SBUX)$ rose 0.66% to $74.93, and Yum! Brands Inc. $(YUM)$ fell 0.19% to $135.07.
Trading volume (178,772) remained 69,889 below its 50-day average volume of 248,661.
Data source: Dow Jones Market Data, FactSet. Data compiled May 2, 2024.
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(END) Dow Jones Newswires
May 02, 2024 16:44 ET (20:44 GMT)
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