Why Dave & Buster's Is Tumbling Today
Shares of Dave & Buster's Entertainment (NASDAQ: PLAY) were falling 9% heading into midday trading after having quadrupled in value over the past three months.
The entertainment-themed restaurant was crushed by the coronavirus pandemic, which forced dine-in restaurants to close. Unlike its restaurant rivals, Dave & Buster's couldn't provide take-out or delivery options, because its business is predicated on in-restaurant entertainment.
Image source: Dave & Buster's Entertainment.
Source Fool.com
