Shares of Chipotle Mexican Grill Inc. CMG shed 2.38% to $1,313.98 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX falling 0.79% to 3,672.82 and Dow Jones Industrial Average DJIA falling 0.35% to 30,068.81. This was the stock's second consecutive day of losses. Chipotle Mexican Grill Inc. closed $70.48 below its 52-week high ($1,384.46), which the company reached on September 2nd.
The stock underperformed when compared to some of its competitors Wednesday, as McDonald's Corp. MCD rose 0.14% to $208.69, Yum! Brands Inc. YUM rose 1.35% to $106.57, and Domino's Pizza Inc. DPZ fell 0.44% to $384.97. Trading volume (231,076) remained 114,214 below its 50-day average volume of 345,290.