Bowlero (NYSE:BOWL) Shares Down 2.3% – Should You Sell?

Bowlero Corp. (NYSE:BOWL – Get Free Report) shares fell 2.3% during mid-day trading on Thursday. The stock traded as low as $5.12 and last traded at $5.17. 42,918 shares changed hands during trading, a decline of 93% from the average daily volume of 583,815 shares. The stock had previously closed at $5.29.

Bowlero Stock Down 2.3%

The firm’s 50-day moving average price is $6.07 and its 200 day moving average price is $7.30. The firm has a market cap of $759.55 million, a P/E ratio of -8.48 and a beta of 0.70.

About Bowlero

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Bowlero Corp. (NYSE: BOWL) is an operator of bowling entertainment centers in the United States and Canada. The company provides bowling, arcade games, food and beverage service, and entertainment experiences for individual guests, families, leagues, corporate groups and private events.

Bowlero operates venues under brands that include Bowlero, Lucky Strike and AMF. Its locations typically combine bowling with amenities such as upgraded seating, music and lighting, sports viewing areas, arcade attractions, bars and restaurants.

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