Darden Restaurants Falls on Results; Stitch Fix Down on Forecast | Stock Movers

Darden Restaurants (DRI) shares fell after reporting first-quarter results with higher sales but lower profits and increased expenses. MGM Resorts (MGM) dropped after Barry Diller's People Inc. abandoned plans to acquire the rest of the casino giant. Stitch Fix (SFIX) declined after forecasting much weaker full-year 2027 Ebitda than analysts expected, and reported a fourth-quarter loss per share of 2.0 cents.