Dave & Buster’s stock soars 28% after COVID-19 vaccine trial announcement

Dave & Buster’s Entertainment Inc.
PLAY,
-1.83%
stock soared 28.7% in Monday premarket trading after Pfizer Inc.
PFE,

and BioNTech SE
BNTX,
+1.76%
announced a “successful” COVID-19 vaccine trial. Dave & Buster’s has struggled during the pandemic, with many locations still closed as of early October and September comparable sales down 62%. Dave & Buster’s stock has sunk by more than half in 2020, down 54%, while the S&P 500 index
SPX,
-0.03%
has gained 8.6% for the period.

View more information: https://www.marketwatch.com/story/dave-busters-stock-soars-28-after-covid-19-vaccine-trial-announcement-2020-11-09

Articles in category: moneyist
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