Dave & Busters Leaps To New All-Time High After Q3 Beat

Dave & Buster's Entertainment, Inc. PLAY shares are trading higher by $8.00 (17 percent) at $56.00 in Wednesday's session. The catalyst for the huge rally to a new all-time high is Q3 beat of $0.11 along with a $12 million beat for revenues. The company raised FY 2016 revenue and comps guidance.

After a higher open, it saw a brief retreat to $53.77 before continuing its jaunt higher. It has continued to make new highs for the session with $56.20 standing as the current high. That is over $6.00 higher than its former all-time high of $49.90 from July.