Falcon’s Beyond Global (NASDAQ:FBYD) Trading Down 6.4% – Here’s Why

Falcon’s Beyond Global, Inc. (NASDAQ:FBYDGet Free Report) shares dropped 6.4% during mid-day trading on Thursday . The company traded as low as $4.44 and last traded at $4.80. Approximately 9,072 shares were traded during mid-day trading, a decline of 65% from the average daily volume of 26,101 shares. The stock had previously closed at $5.13.

Falcon’s Beyond Global Stock Performance

The company has a 50 day moving average price of $7.79 and a 200 day moving average price of $8.22.

About Falcon’s Beyond Global

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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.

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