Why Dave & Buster's Jumped 10% Today

Shares in restaurant and arcade entertainment company Dave & Buster's (NASDAQ: PLAY) rose more than 10% this morning and are still up 7% as of 12:50 p.m. EDT. 

The stock had been slowly climbing since last week when the company provided a business update that showed some positive trends. Today, it announced a plan to get some needed financing as it works its way out of the pandemic-related slump. 

Image source: Getty Images.

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Source Fool.com