Why Dave & Buster's Entertainment Soared 20% Today
Restaurant operator Dave & Buster's Entertainment (NASDAQ: PLAY) soared 19% on Wednesday as its stock got caught up in the euphoria surrounding businesses reopening around the country.
The entertainment-themed eatery did not have restaurants open during the shutdown, as many of its casual dining rivals did, since it did not have a takeout business in place. Consumers go to its restaurants as much for the atmosphere as the food and drink, so reopening its restaurants is essential for getting going again.
Image source: Dave & Buster's Entertainment.
Source Fool.com
