Falcon's Beyond Global (NASDAQ:FBYD) Shares Down 7.9%

Shares of Falcon's Beyond Global, Inc. (NASDAQ:FBYD - Get Free Report) traded down 7.9% during mid-day trading on Friday . The company traded as low as $9.12 and last traded at $9.86. 1,949 shares were traded during mid-day trading, a decline of 67% from the average session volume of 5,829 shares. The stock had previously closed at $10.70.

Falcon's Beyond Global Price Performance

The company has a debt-to-equity ratio of 0.49, a current ratio of 0.04 and a quick ratio of 0.03. The company has a 50-day simple moving average of $10.30.

Institutional Investors Weigh In On Falcon's Beyond Global

An institutional investor recently bought a new position in Falcon's Beyond Global stock. Wolverine Asset Management LLC purchased a new stake in shares of Falcon's Beyond Global, Inc. (NASDAQ:FBYD - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 4,016 shares of the company's stock, valued at approximately $49,000. 38.88% of the stock is currently owned by hedge funds and other institutional investors.

Falcon's Beyond Global Company Profile

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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.

Further Reading

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