Darden Restaurants Blasts To New All-Time Highs On Monster Volume

shares were trading higher by $2.29 (3.4 percent) at $67.16 in Friday's session. The catalyst for the rally is

for EPS and revenues, as well as raised Q3 guidance. The combination of the good news has propelled the issue to a new all-time high, reaching $67.38 so far in today's session. Interestingly, that level was reached off the opening bell and was followed by a quick retreat to $65.58. Since reaching that level, it has rebounded back to the highs for the session, but has been unable to make a new high. It should be noted today's rally is taking place on much higher than average volume. So far, it has already traded 2.2 million shares versus its 20-day average of 1.2 million.