Falcon’s Beyond Global (NASDAQ:FBYD) Trading Up 3.2%

Falcon’s Beyond Global, Inc. (NASDAQ:FBYD) shares shot up 3.2% on Monday . The stock traded as high as $10.95 and last traded at $10.95. 3,216 shares changed hands during mid-day trading, a decline of 45% from the average session volume of 5,843 shares. The stock had previously closed at $10.61.

Falcon’s Beyond Global Trading Down 3.9 %

The company’s fifty day simple moving average is $10.58 and its 200 day simple moving average is $10.39.

Falcon’s Beyond Global (NASDAQ:FBYD) last released its quarterly earnings data on Thursday, May 16th. The company reported $1.53 EPS for the quarter. The business had revenue of $1.52 million during the quarter.

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 bought a new stake in Falcon’s Beyond Global, Inc. (NASDAQ:FBYD) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 4,016 shares of the company’s stock, valued at approximately $49,000. Hedge funds and other institutional investors own 38.88% of the company’s stock.

Falcon’s Beyond Global Company Profile

Falcon's Beyond Global, Inc operates as an entertainment company in the United States, Saudi Arabia, Caribbean, Hong Kong, and internationally. The company creates master plans; designs attractions and experiential entertainment; and produces content, interactives, and software, as well as engages in media and audio production, project management, experiential technologies, and attraction hardware development, procurement, and sales.