Dave & Buster’s (NASDAQ: PLAY) winning streak has come to an end.
The entertainment emporium had been one of the best stocks in the restaurant sector since its 2014 IPO, rising from its $16 offering price to as high as $73.48 this summer.
However, since that peak the stock has lost nearly a third of its value, falling along with the rest of the casual dining industry before it plunged on its earnings report earlier this week. The last three months mark the worst pullback in the stock’s history and the biggest post-earnings decline.