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Why Dave & Buster's Entertainment Soared 20% Today

Rich Duprey, The Motley Fool
·2-min read
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. Dave & Buster's was already in trouble before the COVID-19 pandemic hit, with CEO Brian Jenkins telling analysts, "Currently, our dining rooms are the least-visited space in our four walls."

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