DJ Darden Restaurants Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Darden Restaurants Inc. $(DRI)$ dropped 0.55% to $158.77 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.28% to 5,712.69 and Dow Jones Industrial Average falling 0.61% to 41,794.60.
This was the stock's fifth consecutive day of losses.
Darden Restaurants Inc. closed $18.07 below its 52-week high ($176.84), which the company reached on March 4th.
Despite its losses, the stock outperformed some of its competitors Monday, as McDonald's Corp. $(MCD)$ fell 0.80% to $292.85, Starbucks Corp. $(SBUX)$ fell 1.86% to $97.03, and Chipotle Mexican Grill Inc. $(CMG)$ fell 3.77% to $56.38.
Trading volume (813,404) remained 381,611 below its 50-day average volume of 1.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 4, 2024.
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(END) Dow Jones Newswires
November 04, 2024 17:11 ET (22:11 GMT)
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