(Bloomberg) Big data gave Point72 Asset Management a fresh view into Dave & Buster’s Entertainment Inc. — and a reason to short the chain. Combing through geo-location data linked to anonymous credit card information, the hedge fund discovered that when customers went to entertainment venue Topgolf for the first time, their spending at a nearby Dave & Buster’s went down immediately, Matthew Granade, who oversees Point72’s big data efforts,
Point72 Used Big Data to Short Weight Watchers, Dave & Buster’s
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