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Why Dave & Buster's Stock Is Rebounding Today After Crashing Yesterday

Why Dave & Buster's Stock Is Rebounding Today After Crashing Yesterday

Shares of Dave & Buster's Entertainment (NASDAQ: PLAY) are rebounding today after a sharp sell-off yesterday when investors were fleeing, afraid of a potential bankruptcy. As of 10:30 a.m. EDT, Dave and Buster's stock was up 12%. The Wall Street Journal is a major publication that can influence investor opinions, and yesterday, it used the word "bankruptcy" when talking about Dave & Buster's. In short, the company's high debt load means its lenders need to be lenient during this time in order for Dave & Buster's to make it through.