DJ Darden Restaurants Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Darden Restaurants Inc. $(DRI)$ slumped 0.43% to $186.77 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.07% to 5,906.94 and Dow Jones Industrial Average falling 0.97% to 42,573.73.
This was the stock's second consecutive day of losses.
Darden Restaurants Inc. closed $2.41 below its 52-week high ($189.18), which the company achieved on December 27th.
Despite its losses, the stock outperformed some of its competitors Monday, as McDonald's Corp. $(MCD)$ fell 1.37% to $289.60, Starbucks Corp. $(SBUX)$ fell 1.81% to $90.58, and Chipotle Mexican Grill Inc. $(CMG)$ fell 1.14% to $60.09.
Trading volume (922,587) remained 386,045 below its 50-day average volume of 1.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 30, 2024.
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(END) Dow Jones Newswires
December 30, 2024 17:11 ET (22:11 GMT)
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