Yum! Brands Inc. stock rises Tuesday, outperforms market

Yum! Brands Inc. stock rises Tuesday, outperforms market

Shares of Yum! Brands Inc. YUM, +1.64% rose 1.64% to $125.48 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX, -0.47% falling 0.47% to 4,401.46 and Dow Jones Industrial Average DJIA, -0.24% falling 0.24% to 35,058.52. This was the stock’s sixth consecutive day of gains. Yum! Brands Inc. hit a new 52-week high, surpassing its previous peak of $123.63, which the company achieved on July 26th.

The stock outperformed some of its competitors Tuesday, as McDonald’s Corp. MCD, +0.97% rose 0.97% to $246.35, Starbucks Corp. SBUX, -0.02% fell 0.02% to $126.03, and Chipotle Mexican Grill Inc. CMG, +1.56% rose 1.56% to $1,835.12. Trading volume (2.3 M) eclipsed its 50-day average volume of 1.6 M.

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