DJ McDonald's Corp. Stock Underperforms Friday When Compared To Competitors
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Shares of McDonald's Corp. $(MCD)$ slumped 0.40% to $293.62 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.11% to 5,970.84 and Dow Jones Industrial Average falling 0.77% to 42,992.21.
The stock's fall snapped a two-day winning streak.
McDonald's Corp. closed $24.28 short of 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 Friday, as Starbucks Corp. $(SBUX)$ rose 0.42% to $92.25, Chipotle Mexican Grill Inc. $(CMG)$ fell 1.12% to $60.78, and Yum! Brands Inc. $(YUM)$ fell 0.57% to $135.23.
Trading volume (1.6 M) remained 2.2 million below its 50-day average volume of 3.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 27, 2024.
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(END) Dow Jones Newswires
December 27, 2024 16:36 ET (21:36 GMT)
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