Shares of Darden Restaurants Inc. DRI inched 0.68% higher to $150.58 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 1.71% to 4,438.26 and the Dow Jones Industrial Average DJIA rising 1.56% to 34,912.56. The stock's rise snapped a five-day losing streak. Darden Restaurants Inc. closed $13.70 below its 52-week high ($164.28), which the company reached on September 23rd.
The stock underperformed when compared to some of its competitors Thursday, as Cracker Barrel Old Country Store Inc. CBRL rose 1.67% to $137.64, Bloomin' Brands Inc. BLMN rose 3.52% to $24.09, and Dine Brands Global Inc. DIN rose 1.27% to $81.46. Trading volume (1.2 M) remained 123,720 below its 50-day average volume of 1.4 M.