Falcon’s Beyond Global (NASDAQ:FBYD) Trading Down 2.3%

Shares of Falcon’s Beyond Global, Inc. (NASDAQ:FBYD) traded down 2.3% during trading on Wednesday . The stock traded as low as $9.28 and last traded at $9.28. 309 shares were traded during mid-day trading, a decline of 95% from the average session volume of 5,958 shares. The stock had previously closed at $9.50.

Falcon’s Beyond Global Stock Down 2.1 %

The firm’s fifty day simple moving average is $10.15 and its 200 day simple moving average is $10.63.

Falcon’s Beyond Global (NASDAQ:FBYD) last released its earnings results on Thursday, May 16th. The company reported $1.53 EPS for the quarter. The firm had revenue of $1.52 million during the quarter.

Hedge Funds Weigh In On Falcon’s Beyond Global

An institutional investor recently bought a new position in Falcon’s Beyond Global stock. Wolverine Asset Management LLC bought a new stake in Falcon’s Beyond Global, Inc. (NASDAQ:FBYD) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm bought 4,016 shares of the company’s stock, valued at approximately $49,000. Institutional investors and hedge funds own 38.88% of the company’s stock.

Falcon’s Beyond Global Company Profile

Falcon's Beyond Global, Inc operates as an entertainment company in the United States, Saudi Arabia, Caribbean, Hong Kong, and internationally. The company creates master plans; designs attractions and experiential entertainment; and produces content, interactives, and software, as well as engages in media and audio production, project management, experiential technologies, and attraction hardware development, procurement, and sales.