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Why Dave & Buster's Stock Is Rebounding Today After Crashing Yesterday

TheMotleyFool

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Why Dave & Buster's Stock Is Rebounding Today After Crashing Yesterday

Shares of Dave & Buster's Entertainment (NASDAQ: PLAY) are rebounding today after a sharp sell-off yesterday when investors were fleeing, afraid of a potential bankruptcy. But today, confidence was restored after a couple of analysts issued reports suggesting investors should buy this beaten-down stock.

The stock has indeed been battered -- it's down around 65% from its 2020 highs. But today, it's taking back lost ground. As of 10:30 a.m. EDT, Dave and Buster's stock was up 12%.