DJ McDonald's Corp. Stock Underperforms Wednesday When Compared To Competitors
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Shares of McDonald's Corp. $(MCD)$ sank 0.42% to $295.08 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.38% to 5,998.74 and Dow Jones Industrial Average falling 0.31% to 44,722.06.
The stock's fall snapped a three-day winning streak.
McDonald's Corp. closed $22.82 below its 52-week high ($317.90), which the company achieved on October 21st.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Starbucks Corp. $(SBUX)$ rose 0.82% to $101.51, Chipotle Mexican Grill Inc. $(CMG)$ fell 1.05% to $62.05, and Yum! Brands Inc. $(YUM)$ rose 0.50% to $139.33.
Trading volume (2.2 M) remained 1.4 million below its 50-day average volume of 3.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 27, 2024.
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(END) Dow Jones Newswires
November 27, 2024 16:36 ET (21:36 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
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