Why Dave & Buster's Entertainment Shares Plunged Almost 46% Monday
Shares of restaurant and amusement chain Dave & Buster's Entertainment (NASDAQ: PLAY) plunged another 45.7% in trading Monday as everyone from health officials to President Trump told people to stay out of restaurants and bars. Shares moved steadily lower all day.
There wasn't any specific news about Dave & Buster's today, and that might be part of the problem. Management isn't shutting down stores and hasn't addressed how it's going to manage the coronavirus outbreak that's hitting the nation.
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Source Fool.com
