Falcon’s Beyond Global (NASDAQ:FBYD) Trading 3.6% Higher – What’s Next?

Falcon’s Beyond Global, Inc. (NASDAQ:FBYD)’s share price traded up 3.6% during mid-day trading on Monday . The company traded as high as $8.74 and last traded at $8.71. 4,464 shares were traded during trading, a decline of 84% from the average session volume of 27,306 shares. The stock had previously closed at $8.41.

Falcon’s Beyond Global Stock Up 1.9 %

The business’s fifty day simple moving average is $7.04 and its 200 day simple moving average is $7.64.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Geode Capital Management LLC grew its holdings in shares of Falcon’s Beyond Global by 22.8% during the fourth quarter. Geode Capital Management LLC now owns 51,084 shares of the company’s stock valued at $397,000 after buying an additional 9,499 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in shares of Falcon’s Beyond Global by 20.0% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 16,841 shares of the company’s stock worth $135,000 after acquiring an additional 2,806 shares in the last quarter. Finally, Northern Trust Corp bought a new stake in Falcon’s Beyond Global in the 4th quarter worth about $89,000. Institutional investors and hedge funds own 38.88% of the company’s stock.

Falcon’s Beyond Global Company Profile

Falcon’s Beyond Global, Inc is an experiential entertainment development enterprise. It connects the world by bringing stories to life through theme parks, resorts, animation, consumer products, gaming, and movies. The company propels intellectual property activations concurrently across physical and digital experiences through three core business units.