DJ Darden Restaurants Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Darden Restaurants Inc. $(DRI)$ slipped 1.13% to $166.78 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.32% to 5,870.62 and Dow Jones Industrial Average falling 0.70% to 43,444.99.
This was the stock's second consecutive day of losses.
Darden Restaurants Inc. closed $10.06 below its 52-week high ($176.84), which the company reached on March 4th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as McDonald's Corp. $(MCD)$ fell 1.99% to $292.63, Starbucks Corp. $(SBUX)$ fell 0.20% to $98.42, and Chipotle Mexican Grill Inc. $(CMG)$ fell 2.14% to $58.63.
Trading volume (2.0 M) eclipsed its 50-day average volume of 1.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 15, 2024.
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(END) Dow Jones Newswires
November 15, 2024 17:10 ET (22:10 GMT)
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