Darden Restaurants Inc. Stock Rallies 4.0%, Outperforms Peers

Dow Jones08-13

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Darden Restaurants Inc. advanced 4.0% to $227.68 on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.3% to 7,748.50 and the Dow Jones Industrial Average remaining mostly unchanged at 53,770.27.

This was the stock's sixth consecutive day of gains.

Darden Restaurants Inc. hit a new 52-week high, surpassing its previous peak of $220.65, which the company achieved on February 18th.

The stock outperformed some of its peers, as McDonald's Corp. rose 0.6% to $275.70, Starbucks Corp. rose 1.7% to $108.49, and Chipotle Mexican Grill Inc. rose 2.00% to $32.64.

Trading volume totaled 1.4 million, compared to the 50-day average of 1.4 million.

Data source: Dow Jones Market Data, FactSet

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