Falcon's Beyond Global (NASDAQ:FBYD) Shares Gap Down to $9.38

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Falcon's Beyond Global, Inc. (NASDAQ:FBYD - Get Free Report) shares gapped down prior to trading on Monday . The stock had previously closed at $9.38, but opened at $8.64. Falcon's Beyond Global shares last traded at $8.58, with a volume of 868 shares trading hands.

Falcon's Beyond Global Price Performance

The business's fifty day simple moving average is $9.74. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.03 and a current ratio of 0.04.

Institutional Trading of Falcon's Beyond Global

A hedge fund recently bought a new stake in Falcon's Beyond Global stock. Wolverine Asset Management LLC purchased a new stake in Falcon's Beyond Global, Inc. (NASDAQ:FBYD - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 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.

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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