DJ Darden Restaurants Inc. Stock Underperforms Friday When Compared To Competitors
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Shares of Darden Restaurants Inc. $(DRI)$ slipped 1.37% to $143.50 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.23% to 4,320.06 and Dow Jones Industrial Average falling 0.31% to 33,963.84.
This was the stock's third consecutive day of losses.
Darden Restaurants Inc. closed $29.56 below its 52-week high ($173.06), which the company achieved on July 21st.
The stock underperformed when compared to some of its competitors Friday, as McDonald's Corp. $(MCD)$ rose 0.37% to $272.22, Starbucks Corp. $(SBUX)$ rose 0.62% to $93.68, and Chipotle Mexican Grill Inc. $(CMG)$ rose 0.51% to $1,875.58.
Trading volume (1.6 M) eclipsed its 50-day average volume of 1.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 22, 2023.
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(END) Dow Jones Newswires
September 22, 2023 17:10 ET (21:10 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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