Amalgamated Bank sold 3.7% of Dave & Buster's Entertainment stake, while Q2 earnings exceeded estimates at $1.12 per share.
Amalgamated Bank reduced its stake in Dave & Buster's Entertainment Inc. (NASDAQ: PLAY) by 3.7%, holding 9,945 shares worth $396,000. The company reported Q2 earnings of $1.12 per share, exceeding estimates. Various hedge funds have adjusted their positions, with institutional ownership now at 91.45%. Analysts have mixed views, with some maintaining "buy" ratings while others downgraded to "sell." The stock opened at $33.61, with a market cap of $1.32 billion.
September 30, 2024
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