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Falcon's Beyond Global (NASDAQ:FBYD) Shares Gap Down - What's Next?

Falcon's Beyond Global logo with Multi-Sector Conglomerates background
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Falcon's Beyond Global, Inc. (NASDAQ:FBYD - Get Free Report)'s stock price gapped down prior to trading 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 Price Performance

The firm has a 50-day moving average of $6.46 and a two-hundred day moving average of $7.65.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Falcon's Beyond Global stock. Geode Capital Management LLC increased its holdings in Falcon's Beyond Global, Inc. (NASDAQ:FBYD - Free Report) by 22.8% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 51,084 shares of the company's stock after acquiring an additional 9,499 shares during the period. Geode Capital Management LLC's holdings in Falcon's Beyond Global were worth $397,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 38.88% of the company's stock.

About Falcon's Beyond Global

(Get Free Report)

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.

Further Reading

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