Bowlero (NYSE:BOWL) Trading Up 2.1% – Here’s What Happened

Bowlero Corp. (NYSE:BOWL)’s stock price rose 2.1% on Wednesday . The stock traded as high as $8.57 and last traded at $8.42. Approximately 205,303 shares changed hands during trading, a decline of 65% from the average daily volume of 583,815 shares. The stock had previously closed at $8.25.

Bowlero Stock Performance

The stock has a market capitalization of $1.24 billion, a price-to-earnings ratio of -13.80 and a beta of 0.70. The business has a fifty day simple moving average of $8.45 and a 200 day simple moving average of $8.94.

Bowlero Company Profile

Bowlero Corporation operates one of the largest bowling center networks in North America, offering an array of bowling and entertainment experiences under its Bowlero, Bowlmor Lanes and AMF Bowling brands. The company’s venues combine traditional ten-pin bowling with modern amenities such as full-service bars, food and beverage offerings, premium bowling lanes, and private event spaces. Bowlero also enhances guest experiences through live entertainment, arcade games, billiards tables and league-play programs tailored for casual bowlers and competitive enthusiasts alike.

Since its origins in the mid-20th century as AMF Bowling, the business underwent a series of strategic transformations, including a merger with boutique operator Bowlmor Lanes and a subsequent rebranding initiative that introduced the Bowlero concept in the late 2010s.