DJ McDonald's Corp. Stock Underperforms Monday When Compared To Competitors
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Shares of McDonald's Corp. $(MCD)$ dropped 0.88% to $292.18 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.55% to 5,975.38 and the Dow Jones Industrial Average falling 0.06% to 42,706.56.
The stock's fall snapped a three-day winning streak.
McDonald's Corp. closed $25.72 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 Monday, as Starbucks Corp. $(SBUX)$ rose 0.59% to $93.13, Chipotle Mexican Grill Inc. $(CMG)$ fell 1.51% to $58.80, and Yum! Brands Inc. $(YUM)$ fell 2.45% to $130.17.
Trading volume (2.7 M) remained 1.0 million below its 50-day average volume of 3.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 6, 2025.
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(END) Dow Jones Newswires
January 06, 2025 16:36 ET (21:36 GMT)
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