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PLAY recently witnessed a decline in hedge fund sentiment. And the stock has lost 10.1% in price over the past month and 24.4% over the past nine months to close yesterday’s trading session at $34.37. PLAY is currently trading 33.6% below its 52-week high of $51.73, which it hit on March 26, 2021.
Furthermore, the COVID-19 omicron variant, labor and supply shortages, and rising input costs make its near-term prospects look uncertain.
