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Why Dave & Buster's Stock Popped Today

TheMotleyFool

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Why Dave & Buster's Stock Popped TodayPhoto, wide shot, wide-angle lens, Private equity firm, sunset photo at golden hour, photo by Ansel Adams: https://img.midjourneyapi.xyz/temp/11edc0a6-edfc-46d1-baee-abd4f510abd1.png

Shares of Dave & Buster's (NASDAQ: PLAY) were gaining today after the private equity firm Kohlberg Kravis Roberts (KKR), the same activist investor that had first taken a stake in D&B in January, upped its investment in the struggling "eatertainment" chain from 6.3% to 12.7% today.

As a result, Dave & Buster's stock finished the session up 8.8% after gaining as much as 13.5% earlier in the day.

Image source: Dave & Buster's.

Source Fool.com

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