DJ Darden Restaurants Inc. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains
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Shares of Darden Restaurants Inc. $(DRI)$ inched 0.48% higher to $169.25 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.10% to 6,001.35 and the Dow Jones Industrial Average rising 0.69% to 44,293.13.
The stock's rise snapped a two-day losing streak.
Darden Restaurants Inc. closed $7.59 below its 52-week high ($176.84), which the company reached on March 4th.
The stock underperformed when compared to some of its competitors Monday, as McDonald's Corp. $(MCD)$ rose 0.86% to $301.53, Starbucks Corp. $(SBUX)$ rose 2.83% to $100.31, and Chipotle Mexican Grill Inc. $(CMG)$ rose 0.78% to $59.27.
Trading volume (1.3 M) eclipsed its 50-day average volume of 1.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 11, 2024.
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(END) Dow Jones Newswires
November 11, 2024 17:10 ET (22:10 GMT)
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