Dave & Buster's climbs in debut on Nasdaq
NEW YORK (AP) — Shares of Dave & Buster's are rising in their first day as a publicly traded company.
The stock added 23 cents to $16.23 in Friday morning trading.
The Dallas company raised about $94.1 million from its initial public offering of approximately 5.9 million shares.
Dave & Buster's Entertainment Inc. is the parent company of Dave & Buster's Inc., which runs facilities that sell food and drinks and offer video games and other activities.
The stock is trading on the Nasdaq under the "PLAY" symbol.
Also making its debut is Diplomat Pharmacy Inc., up $3.04, or 23.4 percent, to $16.04. The Flint, Michigan, company raised about $173 million from its IPO of about 13.3 million shares. The stock is trading on the New York Stock Exchange under the "DPLO" ticker symbol.