DJ McDonald's Corp. Stock Rises Friday, Still Underperforms Market
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Shares of McDonald's Corp. $(MCD)$ inched 0.21% higher to $252.00 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.11% to 5,459.10 and the Dow Jones Industrial Average rising 1.64% to 40,589.34.
The stock's rise snapped a three-day losing streak.
McDonald's Corp. closed $50.39 below its 52-week high ($302.39), which the company achieved on January 22nd.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Starbucks Corp. $(SBUX)$ rose 1.00% to $74.05, Chipotle Mexican Grill Inc. $(CMG)$ fell 1.95% to $49.83, and Yum! Brands Inc. $(YUM)$ rose 0.72% to $128.05.
Trading volume (4.0 M) eclipsed its 50-day average volume of 3.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 26, 2024.
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(END) Dow Jones Newswires
July 26, 2024 16:36 ET (20:36 GMT)
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