DJ Darden Restaurants Inc. Stock Rises Wednesday, Still Underperforms Market
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Shares of Darden Restaurants Inc. $(DRI)$ advanced 1.01% to $194.67 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.12% to 5,842.63 and the Dow Jones Industrial Average rising 1.14% to 43,006.59.
The stock's rise snapped a two-day losing streak.
Darden Restaurants Inc. closed 4.16% short of its 52-week high of $203.12, which the company achieved on March 3rd.
The stock outperformed some of its competitors Wednesday, as McDonald's Corp. $(MCD)$ rose 0.55% to $307.45, Starbucks Corp. $(SBUX)$ fell 0.33% to $111.69, and Chipotle Mexican Grill Inc. $(CMG)$ rose 0.81% to $53.60.
Trading volume (870,161) remained 434,794 below its 50-day average volume of 1.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 5, 2025.
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(END) Dow Jones Newswires
March 05, 2025 17:05 ET (22:05 GMT)
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