Craig Hallum initiated coverage of Drive Shack with a rating of Buy and set a new price target of $5.00

Drive Shack Inc. (together with its subsidiaries, "Drive Shack", "we", "us" or the "Company") (NYSE:DS), a leading owner and operator of golf-related leisure and entertainment businesses, announced today its intention to voluntarily delist from the New York Stock Exchange ("NYSE") and to deregister its common stock under Section 12(b) and Section 12(g) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and suspend its reporting obligations under Section 15(d) of the Exchange Act. The Company received a notice that its securities are not in compliance with the continued listing standards of the NYSE, and in response has evaluated its options to remain listed or to go d

Third Quarter 2022 Total Company Revenue of $89 Million, Up 16% Compared to Third Quarter 2021; Led by Increased Event Sales and New Puttery Venues American Golf Event Revenue up 51% and Drive Shack Event Revenue Up 22% Compared to Third Quarter 2021 Puttery Venues Delivered Total Revenue of $6.6 Million in Third Quarter 2022 Drive Shack Inc. (the "Company") (NYSE:DS), a leading owner and operator of golf-related leisure and entertainment businesses, today reported its financial results for the three and nine months ended September 30, 2022. "Our sales results this quarter reflect the strong momentum we continue to see across American Golf and Puttery. Drive Shack's performance was slig

Puttery's Nov. 4 debut in the Windy City marks the fifth opening for Drive Shack Inc.'s premier golf entertainment concept Drive Shack Inc. (the "Company") (NYSE:DS), a leading owner and operator of golf-related leisure and entertainment businesses, today announced that Puttery Chicago will open to the public at 12 p.m. CT on Friday, Nov. 4, 2022. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221028005121/en/ Located in the heart of Chicago's lively Fulton Market District and Randolph Restaurant Row, Puttery Chicago features a 23,000-square-foot venue that spans two stories with uniquely themed putting courses, stunning bars an

Drive Shack Inc. (the "Company") (NYSE:DS), a leading owner and operator of golf-related leisure and entertainment businesses, today announced that it received written notification from the New York Stock Exchange ("NYSE") on October 5, 2022, that it is not in compliance with the NYSE continued listing standard that requires a minimum average closing price of the Company's common stock of $1.00 per share over a consecutive 30 trading-day period (the "Notice"). Receipt of the Notice by the Company is not a violation of the terms of, and does not constitute a default or event of default under, any of the Company's debt or lease agreements. The Notice also has no immediate impact on the listi

Puttery Houston marks the innovative golf entertainment experience's second venue in Texas and the fourth to open nationwide. Drive Shack Inc. (the "Company") (NYSE:DS), a leading owner and operator of golf-related leisure and entertainment businesses, today announced that Puttery Houston will open to the public at 12 p.m. CT on Friday, Sept. 16. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220909005109/en/ Located in Sawyer Yards, a regional epicenter for arts and entertainment, Puttery Houston features an immersive entertainment experience across its two-story, 23,000-square-foot venue. With multiple bars, three nine-hole pu

Drive Shack Inc.'s newest competitive socializing and entertainment golf concept is set to open soon at Chicago's Fulton Market Drive Shack Inc. (DSI) (the "Company") (NYSE:DS), a leading owner and operator of golf-related leisure and entertainment businesses, is preparing for Puttery Chicago's upcoming grand opening by announcing they are accepting events for 9+ guests, and positions are still open for hospitality professionals looking to start a dynamic career with a growing entertainment company. With numerous private spaces, AV-equipped rooms, and dedicated catering services, Puttery Chicago is an ideal locale for corporate events, holiday parties and celebrations of all kinds. Event

Drive Shack Inc.'s newest competitive socializing and entertainment golf concept is set to open soon in Downtown Houston Drive Shack Inc. (DSI) (the "Company") (NYSE:DS), a leading owner and operator of golf-related leisure and entertainment businesses, is preparing for the imminent grand opening of Puttery Houston by announcing they are accepting events for 9+ guests, and positions are still open for hospitality professionals looking to start a dynamic career with a growing entertainment company. With numerous private spaces, AV-equipped rooms, and dedicated catering services, Puttery Houston is an ideal locale for corporate events, holiday parties and celebrations of all kinds. Event bo

Minneapolis will be home to the newest Puttery venue in the U.S. Drive Shack Inc. (the "Company") (NYSE:DS), a leading owner and operator of golf-related leisure and entertainment businesses, today announced it will bring Puttery, its innovative competitive socializing and entertainment golf experience, to Minneapolis. Puttery Minneapolis will be located between the North Loop and Central Business District in one of the city's fastest-growing neighborhoods. This vibrant area is renowned for its converted 19th and 20th century warehouses, indie fashion scene, innovative dining, and nightlife hot spots, making Puttery a fitting addition. The 20,265-square-foot venue will feature three uniq

Second Quarter 2022 Total Company Revenue of $87 Million, Up 17% Compared to Second Quarter 2021; Led by Increased Event Sales and New Puttery Venues American Golf Event Revenue up 311% and Drive Shack Event Revenue Up 106% Compared to Second Quarter 2021 Puttery Venues Delivered Total Revenue of $4.5 Million in Second Quarter 2022 Drive Shack Inc. (the "Company") (NYSE:DS), a leading owner and operator of golf-related leisure and entertainment businesses, today reported its financial results for the three and six months ended June 30, 2022. "Our sales results this quarter reflect the strong momentum we continue to see across our entire brand portfolio. We have a solid foundation in our

Drive Shack Inc. (NYSE:DS) announced today that it will release its second quarter 2022 financial results before market-open on Tuesday, August 9, 2022. A copy of the press release and earnings supplement will be posted to the Company's Investor Relations website at https://ir.driveshack.com. In addition, management will host a live conference call and webcast that morning starting at 9:00 a.m. Eastern Time. The conference call may be accessed by dialing 1-800-343-5172 (from within the U.S.) or 1-203-518-9848 (from outside of the U.S.) ten minutes prior to the scheduled start of the call and referencing conference ID: DSQ222. A simultaneous webcast of the conference call will be available

Third Quarter 2022 Total Company Revenue of $89 Million, Up 16% Compared to Third Quarter 2021; Led by Increased Event Sales and New Puttery Venues American Golf Event Revenue up 51% and Drive Shack Event Revenue Up 22% Compared to Third Quarter 2021 Puttery Venues Delivered Total Revenue of $6.6 Million in Third Quarter 2022 Drive Shack Inc. (the "Company") (NYSE:DS), a leading owner and operator of golf-related leisure and entertainment businesses, today reported its financial results for the three and nine months ended September 30, 2022. "Our sales results this quarter reflect the strong momentum we continue to see across American Golf and Puttery. Drive Shack's performance was slig

Second Quarter 2022 Total Company Revenue of $87 Million, Up 17% Compared to Second Quarter 2021; Led by Increased Event Sales and New Puttery Venues American Golf Event Revenue up 311% and Drive Shack Event Revenue Up 106% Compared to Second Quarter 2021 Puttery Venues Delivered Total Revenue of $4.5 Million in Second Quarter 2022 Drive Shack Inc. (the "Company") (NYSE:DS), a leading owner and operator of golf-related leisure and entertainment businesses, today reported its financial results for the three and six months ended June 30, 2022. "Our sales results this quarter reflect the strong momentum we continue to see across our entire brand portfolio. We have a solid foundation in our

Drive Shack Inc. (NYSE:DS) announced today that it will release its second quarter 2022 financial results before market-open on Tuesday, August 9, 2022. A copy of the press release and earnings supplement will be posted to the Company's Investor Relations website at https://ir.driveshack.com. In addition, management will host a live conference call and webcast that morning starting at 9:00 a.m. Eastern Time. The conference call may be accessed by dialing 1-800-343-5172 (from within the U.S.) or 1-203-518-9848 (from outside of the U.S.) ten minutes prior to the scheduled start of the call and referencing conference ID: DSQ222. A simultaneous webcast of the conference call will be available

First Quarter 2022 Total Company Revenue of $69 Million, Up 13% Compared to First Quarter 2021; Led by Increased Event Sales and New Puttery Venues Drive Shack Venues Total Revenue Up 19% and American Golf Revenue Up 6% Compared to First Quarter 2021; Puttery Venues Delivered Total Revenue of $4.4 Million in First Quarter 2022 The Company is On Track to Open Seven New Puttery Venues in 2022 Drive Shack Inc. (the "Company") (NYSE:DS), a leading owner and operator of golf-related leisure and entertainment businesses, today reported its financial results for the first quarter ended March 31, 2022. "2022 is off to an incredible start. Our Drive Shack and American Golf businesses continue to

Drive Shack Inc. (NYSE:DS) announced today that it will release its first quarter 2022 financial results before market-open on Tuesday, May 10, 2022. A copy of the press release and earnings supplement will be posted to the Company's Investor Relations website at https://ir.driveshack.com. In addition, management will host a live conference call and webcast that morning starting at 9:00 a.m. Eastern Time. The conference call may be accessed by dialing 1-800-459-5346 (from within the U.S.) or 1-785-424-1250 (from outside of the U.S.) ten minutes prior to the scheduled start of the call and referencing conference ID: DSQ122. A simultaneous webcast of the conference call will be available to

Drive Shack Inc. (the "Company") (NYSE:DS), a leading owner and operator of golf-related leisure and entertainment businesses, today reported it is updating certain information included in its press release issued on March 11, 2022, which announced the Company's financial results for the three months and full year ended December 31, 2021, and has delayed the filing of its Annual Report on Form 10-K for the fiscal year ended December 31, 2021 (the "Annual Report"), in order to incorporate these updates. While finalizing its audited financial statements for the fiscal year ended December 31, 2021, the Company determined that expenses related to a lease termination incurred in December 2021 b

Fourth Quarter 2021 Total Company Revenue Up 17% to $70.5 Million Compared to Fourth Quarter 2020 Full Year 2021 Total Company Revenue Up 28% to $282 Million Compared to $220 Million for Full Year 2020; Highest Annual Total Company Revenue Reported in Three Years Full Year 2021 Operating Loss Improves 48% to ($19.2) Million Compared to ($36.6) Million for Full Year 2020 Full Year 2021 Adjusted EBITDA1 of $16.2 Million, a $19.3 Million Increase Compared to ($3.1) Million for Full Year 2020 Drive Shack Inc. (the "Company") (NYSE:DS), a leading owner and operator of golf-related leisure and entertainment businesses, today reported its financial results for the fourth quarter and twelve mon

Drive Shack Inc. (NYSE:DS) announced today that it will release its fourth quarter and full year 2021 financial results before market-open on Friday, March 11, 2022. A copy of the press release and earnings supplement will be posted to the Company's Investor Relations website at https://ir.driveshack.com. In addition, management will host a live conference call and webcast that morning starting at 9:00 a.m. Eastern Time. The conference call may be accessed by dialing 1-866-342-8591 (from within the U.S.) or 1-203-518-9713 (from outside of the U.S.) ten minutes prior to the scheduled start of the call and referencing conference ID: DSQ421. A simultaneous webcast of the conference call will

Reported Total Company Revenue of $76.4 Million for the Third Quarter 2021; Highest Quarterly Revenue Reported in Three Years Reported Operating Loss of $5.9 Million and Positive Adjusted EBITDA of $3.3 Million for the Third Quarter 2021 Debuted First Puttery Venue in The Colony, Texas in September 2021 Drive Shack Inc. (the "Company") (NYSE:DS), a leading owner and operator of golf-related leisure and entertainment businesses, today reported its financial results for the third quarter and nine months ended September 30, 2021. "The third quarter was a historic quarter for our Company with the launch of Puttery, our new, competitive socializing and immersive entertainment experience," sa

Drive Shack Inc. (NYSE:DS) announced today that it will report its third quarter 2021 financial results before the opening of financial markets on Monday, November 8, 2021. Management will host a live conference call and webcast that morning starting at 9:00 a.m. Eastern Time. A copy of the earnings release will be posted to Drive Shack's Investor Relations website prior to the call at https://ir.driveshack.com. The webcast, along with the associated slide presentation, will be made available to the public on a listen-only basis on the Company's investor relations website at https://ir.driveshack.com. The conference call may be accessed by dialing 1-877-876-9173 (from within the U.S.) or 1

Gainers Trxade Health (NASDAQ:MEDS) stock moved upwards by 29.9% to $0.4 during Monday's regular session. The current volume of 1.5 million shares is 5560.2% of Trxade Health's average full-day volume over the last 100 days (last updated at 12:30 EST). The market value of their outstanding shares is at $4.8 million. Naas Technology (NASDAQ:NAAS) stock moved upwards by 29.43% to $3.87. Trading volume for Naas Technology's stock is 332.1K as of 12:30 EST. This is 313.9% of its average full-day volume over the last 100 days. The company's market cap stands at $828.7 million. Grove Collaborative Hldgs (NYSE:GROV) stock moved upwards by 28.52% to $0.38. As of 12:30 EST, this security is tradin

Gainers AYRO (NASDAQ:AYRO) shares moved upwards by 9.6% to $0.42 during Friday's after-market session. The company's market cap stands at $15.5 million. Kaixin Auto Hldgs (NASDAQ:KXIN) stock rose 8.86% to $0.32. The market value of their outstanding shares is at $62.9 million. Allbirds (NASDAQ:BIRD) shares moved upwards by 3.26% to $2.5. The company's market cap stands at $373.2 million. Drive Shack (NYSE:DS) shares rose 3.22% to $0.17. This security traded at a volume of 776.5K shares come close, making up 61.1% of its average volume over the last 100 days. The market value of their outstanding shares is at $15.9 million. Dogness (Intl) (NASDAQ:DOGZ) shares increased by 3.09% to $1.0.

Gainers AYRO (NASDAQ:AYRO) shares moved upwards by 9.6% to $0.42 during Friday's after-market session. The company's market cap stands at $15.5 million. Kaixin Auto Hldgs (NASDAQ:KXIN) stock rose 8.86% to $0.32. The market value of their outstanding shares is at $62.9 million. Allbirds (NASDAQ:BIRD) shares moved upwards by 3.26% to $2.5. The company's market cap stands at $373.2 million. Drive Shack (NYSE:DS) shares rose 3.22% to $0.17. This security traded at a volume of 776.5K shares come close, making up 61.1% of its average volume over the last 100 days. The market value of their outstanding shares is at $15.9 million. Dogness (Intl) (NASDAQ:DOGZ) shares increased by 3.09% to $1.0.

Gainers Dermata Therapeutics, Inc. (NASDAQ:DRMA) shares jumped 121% to $0.4428 after the company requested to withdraw its registration on Form S-1 and said it does not intend to pursue the contemplated public offering. Palisade Bio, Inc. (NASDAQ:PALI) shares jumped 80.1% to $5.80. Palisade Bio announced $2.5 million registered direct offering and concurrent private placement priced above market under Nasdaq rules. Silo Pharma, Inc. (NASDAQ:SILO) gained 63.7% to $5.60 after the company announced study results of SPU-21 for arthritis. The company said SPU-21 is effective in controlling arthritis progression. F-star Therapeutics, Inc. (NASDAQ:FSTX) shares gained 42.8% to $5.84. F-Star Th

Gainers Tuesday Morning (NASDAQ:TUEM) stock moved upwards by 25.7% to $0.86 during Thursday's after-market session. This security traded at a volume of 225.6K shares come close, making up 214.4% of its average volume over the last 100 days. The company's market cap stands at $5.1 million. Aspen Gr (NASDAQ:ASPU) shares increased by 8.69% to $0.3. The company's market cap stands at $7.5 million. Drive Shack (NYSE:DS) stock rose 5.32% to $0.22. The market value of their outstanding shares is at $20.2 million. Lottery.com (NASDAQ:LTRY) shares rose 4.97% to $0.19. The company's market cap stands at $9.6 million. Kirkland's (NASDAQ:KIRK) stock rose 4.95% to $3.18. The market value of their ou

Gainers Elys Game Technology (NASDAQ:ELYS) shares moved upwards by 134.8% to $0.41 during Tuesday's regular session. As of 12:30 EST, this security is trading at a volume of 76.2 million shares, making up 9600.4% of its average full-day volume over the last 100 days. The company's market cap stands at $12.4 million. Grove Collaborative Hldgs (NYSE:GROV) shares moved upwards by 29.12% to $0.31. Grove Collaborative Hldgs's stock is trading at a volume of 14.7 million shares as of 12:30 EST. This is 1557.8% of its average full-day volume over the last 100 days. The company's market cap stands at $55.4 million. Kaival Brands Innovations (NASDAQ:KAVL) shares moved upwards by 17.88% to $0.92. K

Gainers Inspirato (NASDAQ:ISPO) shares moved upwards by 4.9% to $1.29 during Wednesday's after-market session. The market value of their outstanding shares is at $75.9 million. As per the press release, Q3 earnings came out 2 days ago. Waitr Hldgs (NASDAQ:ASAP) stock rose 4.74% to $0.42. The company's market cap stands at $4.3 million. Golden Sun Education Gr (NASDAQ:GSUN) shares increased by 4.71% to $1.11. The market value of their outstanding shares is at $20.3 million. Drive Shack (NYSE:DS) shares increased by 4.54% to $0.23. The company's market cap stands at $21.2 million. Cenntro Electric Group (NASDAQ:CENN) shares moved upwards by 4.05% to $0.42. Cenntro Electric Group's trading

Gainers Crown ElectroKinetics Corp. (NASDAQ:CRKN) jumped 69.6% to $0.2604 after gaining 17% on Wednesday. Crown ElectroKinetics, last month, posted a Q3 loss of $0.18 per share. Core Scientific, Inc. (NASDAQ:CORZ) rose 65% to $0.4125. B. Riley Financial issued an open letter to Core Scientific shareholders and lenders. Scopus BioPharma Inc. (NASDAQ:SCPS) shares jumped 58.1% to $0.3711 after declining 4% on Wednesday. Icosavax, Inc. (NASDAQ:ICVX) shares climbed 42.9% to $12.75. Icosavax shares jumped 112% on Wednesday after the company provided a six-month immunogenicity update from its Phase 1/1b trial of IVX-121 against respiratory syncytial virus IMV Inc. (NASDAQ:IMV) surged 34.4%

Gainers Mullen Automotive (NASDAQ:MULN) shares rose 24.6% to $0.33 during Thursday's regular session. The current volume of 412.4 million shares is 241.2% of Mullen Automotive's average full-day volume over the last 100 days (last updated at 12:30 EST). The market value of their outstanding shares is at $544.5 million. Aspen Gr (NASDAQ:ASPU) stock moved upwards by 14.35% to $0.31. As of 12:30 EST, this security is trading at a volume of 351.5K shares, making up 196.5% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $7.8 million. As per the news, the Q2 earnings report came out 2 days ago. Gaotu Techedu (NYSE:GOTU) shares rose 10.54

Drive Shack Inc (NYSE:DS) shares are trading lower by 20.8% to $0.19 Thursday morning after the company recently announced the intention to voluntarily delist and deregister its securities. What Else? Drive Shack intends to file an application for its common stock to be quoted on the OTCQX platform and intends to receive approval in the first quarter of 2023. See Also: Why Nvidia Shares Are Getting Hammered Drive Shack says the company intends to continue to provide information to its stockholders and to take such actions to enable a trading market in its common stock to exist. The company cites the reduction in time spent by management and employees complying with the requirements appl