Why Darden Restaurants Stock Was Gaining Today
Shares of Darden Restaurants (NYSE: DRI) were climbing today after the Olive Garden parent beat bottom-line estimates in its first-quarter earnings report, offered promising guidance for the current quarter, and reinstated its dividend, all signs the company was rebounding from the depths of the coronavirus crisis.
As a result, the stock was up 8.7% as of 3:21 p.m. EDT.
Image source: Darden Restaurants.
Source Fool.com
