Two weeks ago, Dave & Buster's had adopted a "poison pill" shareholders right plan designed to prevent a hostile takeover of the eat-and-play chain. The move came as the private-equity firm KKR has accumulated a 12% stake in the company and has held talks with management. That process started before the coronavirus crisis, and it's unclear what the activist investor's goals are with Dave & Buster's. Still, investors seemed to interpret the poison pill maneuver as a positive sign, showing that management was confident in its ability to recover from the pandemic. The company has not yet addressed the impact of the outbreak, but is set to report fourth-quarter earnings after hours on April 2. It will likely discuss recent changes to the business on the call.