Bowlero Corp. (NYSE:BOWL - Get Free Report)'s stock price dropped 2.3% on Tuesday . The stock traded as low as $8.27 and last traded at $8.43. Approximately 153,650 shares were traded during trading, a decline of 74% from the average daily volume of 599,957 shares. The stock had previously closed at $8.63.
Bowlero Trading Down 0.5%
The company's 50-day moving average price is $8.93 and its two-hundred day moving average price is $10.14. The company has a market cap of $1.34 billion, a P/E ratio of -14.92 and a beta of 0.70.
Hedge Funds Weigh In On Bowlero
An institutional investor recently bought a new position in Bowlero stock. Raymond James Financial Inc. bought a new position in Bowlero Corp. (NYSE:BOWL - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 15,700 shares of the company's stock, valued at approximately $184,000. Hedge funds and other institutional investors own 68.11% of the company's stock.
Bowlero Company Profile
(
Get Free Report)
Bowlero Corp. operates bowling entertainment centers under the AMF, Bowlmor Lanes, and Bowlero brand names. The company also provides hosting and overseeing professional and non-professional bowling tournaments and related broadcasting. It operates bowling centers in the United States, Mexico, and Canada.
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