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Falcon's Beyond Global (NASDAQ:FBYD) Shares Gap Up - Here's What Happened

Falcon's Beyond Global logo with Multi-Sector Conglomerates background

Falcon's Beyond Global, Inc. (NASDAQ:FBYD - Get Free Report) gapped up before the market opened on Monday . The stock had previously closed at $7.95, but opened at $8.50. Falcon's Beyond Global shares last traded at $7.99, with a volume of 8,055 shares.

Falcon's Beyond Global Trading Up 11.4 %

The company has a fifty day moving average of $6.99 and a two-hundred day moving average of $7.81.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Falcon's Beyond Global stock. Geode Capital Management LLC increased its stake in shares of Falcon's Beyond Global, Inc. (NASDAQ:FBYD - Free Report) by 22.8% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor 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 reporting period. Institutional investors and hedge funds own 38.88% of the company's stock.

Falcon's Beyond Global Company Profile

(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.

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