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MARKETS LIVE BLOG:

DOW POSTS 6TH DAY OF GAINS BUT NASDAQ SLIPS

Robinhood shares surge as company tops Wall St. estimates for quarterly profit, revenue

Why Bloomin' Brands, Cheesecake Factory, and Darden Restaurants Fell Today

Rich Duprey, The Motley Fool
·3 min read
Why Bloomin' Brands, Cheesecake Factory, and Darden Restaurants Fell Today

Shares of Bloomin' Brands (NASDAQ: BLMN), Cheesecake Factory (NASDAQ: CAKE), and Darden Restaurants (NYSE: DRI) all underperformed the broad market on Thursday. Although there was no company-specific news to cause the stocks to fall, macroeconomic news, such as unemployment claims and consumer spending, seemed to weigh on the issues. At market close, Bloomin' Brands was down 10.9%, Cheesecake Factory was down 8.5%, and Darden was off 5.7%.

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