DJ McDonald's Corp. Stock Underperforms Thursday When Compared To Competitors Despite Daily Gains
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Shares of McDonald's Corp. $(MCD)$ inched 0.90% higher to $292.51 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.22% to 5,868.55 and Dow Jones Industrial Average falling 0.36% to 42,392.27.
This was the stock's second consecutive day of gains.
McDonald's Corp. closed $25.39 short of 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 Thursday, as Starbucks Corp. $(SBUX)$ rose 1.01% to $92.17, Chipotle Mexican Grill Inc. $(CMG)$ fell 0.68% to $59.89, and Yum! Brands Inc. $(YUM)$ fell 0.45% to $133.56.
Trading volume (3.1 M) remained 679,156 below its 50-day average volume of 3.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 2, 2025.
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(END) Dow Jones Newswires
January 02, 2025 16:36 ET (21:36 GMT)
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