Bowlero Corp. (NYSE:BOWL - Get Free Report) traded down 3.7% during trading on Thursday . The company traded as low as $9.08 and last traded at $9.13. 135,024 shares changed hands during mid-day trading, a decline of 78% from the average session volume of 607,238 shares. The stock had previously closed at $9.48.
Bowlero Stock Performance
The company has a market capitalization of $1.37 billion, a PE ratio of -15.26 and a beta of 0.70. The stock has a fifty day moving average of $9.13 and a 200 day moving average of $9.82.
Hedge Funds Weigh In On Bowlero
An institutional investor recently bought a new position in Bowlero stock. Deutsche Bank AG bought a new position in Bowlero Corp. (NYSE:BOWL - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund bought 4,053 shares of the company's stock, valued at approximately $47,000. 68.11% of the stock is currently owned by hedge funds and other institutional investors.
About Bowlero
(
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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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