Why Darden Restaurants Stock Was Climbing Today

Why Darden Restaurants Stock Was Climbing Today

Shares of Darden Restaurants (NYSE: DRI) were gaining as the Olive Garden parent moved in tandem with broad gains in the restaurant sector after The Cheesecake Factory (NASDAQ: CAKE) posted a favorable business update. As of 1:04 p.m. EDT, Darden shares were up 8%, while The Cheesecake Factory was trading up 21.1%. Darden owns several casual-dining chains, including LongHorn Steakhouse, Capital Grille, and Cheddar's Scratch Kitchen.