What happened 

Shares of entertainment and restaurant company Dave & Buster’s Entertainment () plunged as much as 17.7% in trading Monday as investors fled the industry. Shares closed down 16.3%, despite the S&P 500 climbing 3.4% on the day. 

So what

There wasn’t much specific news about Dave & Buster’s outside of announcing that fiscal fourth-quarter 2019 results will be released after the market close on Thursday. That’s really when we’ll get an idea how COVID-19 is affecting the business. 

Image source: Getty Images.

More worrisome is the fact that over the weekend, President Trump extended federal social-distancing guidelines through the end of April, abandoning his previous hope that people could get back to “normal” life early in April. Then today, Maryland, Virginia, and Washington, D.C.,

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