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Darden Restaurants Surges to 308th in Trading Volume with $282 Million in Shares Traded
Generated by AI AgentAinvest Market Brief
Monday, Apr 14, 2025 7:41 pm ET1min read
On April 14, 2025,
(DRI) saw a significant increase in trading volume, with a total of $282 million in shares traded, marking a 31.35% rise from the previous day. This surge placed Darden in the 308th position in terms of trading volume for the day. The stock price of Darden Restaurants rose by 2.47%, marking the second consecutive day of gains, with a total increase of 3.77% over the past two days.Morgan Stanley has slightly reduced its price target for Darden Restaurants from $217 to $215, while maintaining an Overweight rating on the stock. This adjustment comes as the firm continues to evaluate the company's performance and market conditions.
Darden Restaurants, Inc. is a leading restaurant company that owns and operates a diverse portfolio of brands. As of May 26, 2024, the company operated a total of 2,181 restaurants, including 2,031 owned and 146 franchised locations. The brands under Darden's umbrella include Olive Garden, LongHorn Steakhouse, Cheddar's Scratch Kitchen, Yard House, Ruth's Chris, The Capital Grille, Seasons 52, Bahama Breeze, Eddie V's, and The Capital Burger.
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