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Darden Restaurants Turns Lower After Reaching Record Intraday High

Shares of Darden Restaurants (DRI) have turned lower over the course of the trading session on Thursday after failing to sustain an initial move to the upside. After reaching a record intraday high, Darden is currently down by 2.2 percent.

The downturn by Darden comes as traders cash in on the initial jump seen after the parent of Olive Garden, Longhorn Steakhouse, and other restaurant chains reported better than expected fiscal first quarter results and raised its full-year guidance.

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