Dave & Buster's (PLAY) Falls 26% YTD: More Pain or Gain Ahead?
PLAYDave & Buster's(PLAY) ZACKS·2024-07-18 23:15

Shares of Dave & Buster's Entertainment, Inc. (PLAY) have declined 26.2% year to date compared with the broader industry’s decline of 8.4%. This underperformance has been mainly due to reduced walk-in traffic, a tough economic environment and poor comparable sales figures.The drop in PLAY's stock price has many investors wondering how long the decline will continue. On Jul 17, the stock closed at $39.73, which was well below its 52-week high of $69.82 but higher than its 52-week low of $33.07. The company h ...