Falcon's Beyond Global (NASDAQ:FBYD) Shares Gap Down to $10.13

Falcon's Beyond Global, Inc. (NASDAQ:FBYD - Get Free Report) shares gapped down before the market opened on Monday . The stock had previously closed at $10.13, but opened at $9.36. Falcon's Beyond Global shares last traded at $9.36, with a volume of 205 shares changing hands.

Falcon's Beyond Global Trading Down 7.6 %

The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.03 and a current ratio of 0.04. The business's 50-day simple moving average is $10.25.

Institutional Investors Weigh In On Falcon's Beyond Global

A hedge fund recently bought a new stake in Falcon's Beyond Global stock. Vanguard Group Inc. acquired a new position in Falcon's Beyond Global, Inc. (NASDAQ:FBYD - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 139,961 shares of the company's stock, valued at approximately $1,722,000. Vanguard Group Inc. owned approximately 0.10% of Falcon's Beyond Global at the end of the most recent quarter. Hedge funds and other institutional investors own 38.88% of the company's stock.

About Falcon's Beyond Global

(Get Free Report)

Falcon's Beyond Global, Inc operates as an entertainment powerhouse and innovator in storytelling. The company develops, owns, and operates hotels, theme parks, and retail, dining, and entertainment venues. It also provides master planning, media and audio production, project management, experiential technologies, attraction hardware development, procurement, and sales for the themed entertainment industry.

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