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Stock impact report

Why Casual Dining Restaurant Stocks Were Climbing Today [The Motley Fool]

Bloomin' Brands, Inc. (BLMN) 
Last bloomin' brands, inc. earnings: 2/18 07:00 am Check Earnings Report
Company Research Source: The Motley Fool
What happened were gaining for the second day in a row today, adding to Monday's rally as investors continue to become optimistic on signs that the coronavirus may be peaking in hot spots such as Italy, Spain, and New York. A decline in new cases would mark the first significant step to reopening at least parts of the economy, though it's still unclear how that would take place.Not surprisingly, then, stocks that would most benefit from an end to the stay-at-home policies in effect across the country were among today's biggest winners, and that included several casual dining chains. As of 0:7 p.m. EDT, Olive Garden-parentDarden Restaurants(NYSE:DRIBrinker InternationalNYSE:EATBJ's RestaurantsNASDAQ:BJRIBloomin' BrandsNASDAQ:BLMNDave & Buster'sNASDAQ:PLAY 00Image source: Getty Images.So whatDarden Restaurants appeared to pace the sector's gains today as the company provided a COVID-9 business update. Management said that to-go sales had doubled at Olive Garden and tripled at Longhorn S Show less Read more
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