Dave & Buster’s Entertainment Inc. stock outperforms market on strong trading day
Shares of Dave & Buster’s Entertainment Inc. PLAY,
advanced 4.62% to $35.53 Wednesday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index COMP,
rising 4.06% to 12,032.42 and the Dow Jones Industrial Average DJIA,
rising 1.37% to 32,197.59. Dave & Buster’s Entertainment Inc. closed $17.01 below its 52-week high ($52.54), which the company reached on March 30th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as McDonald’s Corp. MCD,
rose 0.70% to $258.89, Chipotle Mexican Grill Inc. CMG,
rose 14.70% to $1,510.00, and Starbucks Corp. SBUX,
rose 3.30% to $82.96. Trading volume (529,897) remained 678,552 below its 50-day average volume of 1.2 M.