Shares of BJ's Restaurants (NASDAQ: BJRI), Dave & Buster's Entertainment (NASDAQ: PLAY), and Dine Brands (NYSE: DIN) were all running higher at double-digit percentage rates in midday trading Wednesday as more states planned for business to begin reopening.
While takeout and delivery has been a lifeline for restaurants to hang on to during the pandemic lockdown, being able to seat customers on a regular basis is essential for their survival. Like other businesses, they've had to draw down their credit lines to maintain liquidity to make it through the mandatory shutdown.
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