DJ McDonald's Corp. Stock Rises Friday, Still Underperforms Market
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Shares of McDonald's Corp. $(MCD)$ inched 0.32% higher to $296.01 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.56% to 6,032.38 and the Dow Jones Industrial Average rising 0.42% to 44,910.65.
McDonald's Corp. closed $21.89 below its 52-week high ($317.90), which the company reached on October 21st.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Starbucks Corp. $(SBUX)$ rose 0.94% to $102.46, Chipotle Mexican Grill Inc. $(CMG)$ fell 0.85% to $61.52, and Yum! Brands Inc. $(YUM)$ fell 0.28% to $138.94.
Trading volume (1.7 M) remained 1.9 million below its 50-day average volume of 3.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 29, 2024.
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(END) Dow Jones Newswires
November 29, 2024 16:36 ET (21:36 GMT)
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