What happened Shares of entertainment and restaurant company Dave & Buster's Entertainment (NASDAQ: PLAY) 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., issued stay-at-home orders because they see the outbreak of COVID-19 getting worse. If that tone is any indication, this pandemic is far from over. Now what Dave & Buster's has a lot of questions to answer on Thursday because it's currently racking up operating costs without revenue at most of its locations. And at the rate we're going, the restrictions on restaurants and places of entertainment may last for months. I wouldn't jump on the recent discount in shares without having some certainty on the future, and that might not come for a while. 10 stocks we like better than Dave & Buster's EntertainmentWhen investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Dave & Buster's Entertainment wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of March 18, 2020 Travis Hoium has no position in any of the stocks mentioned. The Motley Fool recommends Dave & Buster's Entertainment. The Motley Fool has a disclosure policy.Source