Darden Restaurants Inc. stock underperforms Wednesday when compared to competitors despite daily gains

News Source: www.marketwatch.com

Darden Restaurants Inc. stock underperforms Wednesday when compared to competitors despite daily gains

Darden Restaurants Inc. stock underperforms Wednesday when compared to competitors despite daily gains..

Rahul Chugh
Apr 8, 2021
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News Source/Courtesy: www.marketwatch.com

Shares of Darden Restaurants Inc. DRI, +0.90% inched 0.89% higher to $145.75 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +0.15% rising 0.15% to 4,079.95 and the Dow Jones Industrial Average DJIA, +0.05% rising 0.05% to 33,446.26. This was the stock's second consecutive day of gains. Darden Restaurants Inc. closed $3.98 short of its 52-week high ($149.73), which the company reached on March 29th.

The stock underperformed when compared to some of its competitors Wednesday, as Cracker Barrel Old Country Store Inc. CBRL, +1.53% rose 1.53% to $174.29, Bloomin' Brands Inc. BLMN, +4.04% rose 4.04% to $27.71, and Dine Brands Global Inc. DIN, +1.47% rose 1.47% to $90.35. Trading volume (2.2 M) eclipsed its 50-day average volume of 1.7 M.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

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News Source: www.marketwatch.com

Rahul Chugh

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Rahul Chugh

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