DJ Darden Restaurants Inc. Stock Underperforms Friday When Compared To Competitors
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Shares of Darden Restaurants Inc. $(DRI)$ slipped 0.02% to $168.44 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.38% to 5,995.54 and the Dow Jones Industrial Average rising 0.59% to 43,988.99.
This was the stock's second consecutive day of losses.
Darden Restaurants Inc. closed $8.40 short of its 52-week high ($176.84), which the company achieved on March 4th.
The stock underperformed when compared to some of its competitors Friday, as McDonald's Corp. $(MCD)$ rose 1.46% to $298.97, Starbucks Corp. $(SBUX)$ rose 1.49% to $97.55, and Chipotle Mexican Grill Inc. $(CMG)$ rose 1.03% to $58.81.
Trading volume (919,155) remained 294,361 below its 50-day average volume of 1.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 8, 2024.
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(END) Dow Jones Newswires
November 08, 2024 17:10 ET (22:10 GMT)
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