Dave & Buster's Enter (NASDAQ:PLAY) shares experienced unusual options activity on Thursday. The stock price moved up to $33.66 following the option alert.
One of the biggest trends to watch in 2021 continues to be the reopening of the economy as it relates to the increased rate of COVID-19 vaccinations and the lifting of restrictions in areas across the U.S. and globally.
Restaurants Could Benefit: One industry that saw pressure during the pandemic and could benefit from the reopening trend are restaurants.
Dave & Buster's Entertainment Inc (NASDAQ: PLAY) reported first-quarter results Thursday that beat Street expectations and announced strong guidance for the second quarter.
Dave & Buster's Entertainment Inc (NASDAQ: PLAY) shares are trading higher by 5% at $46.30 Friday morning after the company reported better-than-expected first-quarter EPS and sales results and issued second-quarter sales guidance above estimates.