Falcon’s Beyond Global (NASDAQ:FBYD) Shares Gap Down – Here’s What Happened

Falcon’s Beyond Global, Inc. (NASDAQ:FBYDGet Free Report)’s stock price gapped down before the market opened on Tuesday . The stock had previously closed at $7.62, but opened at $7.21. Falcon’s Beyond Global shares last traded at $7.36, with a volume of 589 shares changing hands.

Falcon’s Beyond Global Trading Up 0.7 %

The company has a fifty day moving average of $6.51 and a 200-day moving average of $7.67.

Institutional Trading of Falcon’s Beyond Global

A hedge fund recently bought a new stake in Falcon’s Beyond Global stock. Northern Trust Corp acquired a new position in Falcon’s Beyond Global, Inc. (NASDAQ:FBYDFree Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 11,084 shares of the company’s stock, valued at approximately $89,000. Institutional investors own 38.88% of the company’s stock.

Falcon’s Beyond Global Company Profile

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Falcon’s Beyond Global, Inc is an experiential entertainment development enterprise. It connects the world by bringing stories to life through theme parks, resorts, animation, consumer products, gaming, and movies. The company propels intellectual property activations concurrently across physical and digital experiences through three core business units.

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