Darden Shares Surge on Uber Partnership. Is It Too Late to Buy the Stock?
Uber(UBER) The Motley Fool·2024-09-24 21:30
The company has been reluctant to use third-party delivery in the past. Shares of Darden Restaurants (DRI 1.51%) jumped after the company inked a new partnership with Uber Eats, the food delivery service of Uber Technologies (UBER 1.04%). The news overshadowed the relatively lackluster, fiscal first-quarter results the company posted. Despite the Uber-fueled gains, the stock is still up only modestly on the year. Let's examine the restaurant operator's latest results and deal with Uber to see if the stock i ...