Updated
Updated · MarketWatch · Apr 30
Darden Restaurants stock rallies 2.18%, snapping four-day losing streak
Updated
Updated · MarketWatch · Apr 30

Darden Restaurants stock rallies 2.18%, snapping four-day losing streak

13 articles · Updated · MarketWatch · Apr 30
  • Shares closed at $200.56 on Thursday as the S&P 500 rose 1.02% to 7,209.01 and the Dow gained 1.62% to 49,652.14.
  • The stock finished 12.14% below its 52-week high of $228.27, reached on 20 June.
  • Against peers, McDonald's rose 1.21%, Starbucks slipped 0.16% and Chipotle gained 3.03%, while Darden trading volume of 789,103 stayed well below its 50-day average of 1.4 million.
Is Darden's price-cutting strategy a brilliant market share grab or a ticking time bomb for its future profits?
With insiders selling stock, what do they know about Darden's future that bullish Wall Street analysts are missing?
Can Darden's menus adapt as weight-loss drugs threaten to shrink America's appetite and the industry's sales?