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Falcon's Beyond Global (NASDAQ:FBYD) Stock Price Down 6.7% - Here's What Happened

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

Shares of Falcon's Beyond Global, Inc. (NASDAQ:FBYD - Get Free Report) fell 6.7% during trading on Wednesday . The stock traded as low as $6.97 and last traded at $6.80. 6,045 shares changed hands during mid-day trading, a decline of 86% from the average session volume of 42,831 shares. The stock had previously closed at $7.28.

Falcon's Beyond Global Stock Up 7.5 %

The company's fifty day moving average price is $6.69 and its 200 day moving average price is $7.74.

Institutional Trading of Falcon's Beyond Global

An institutional investor recently bought a new position in Falcon's Beyond Global stock. Northern Trust Corp bought a new stake in Falcon's Beyond Global, Inc. (NASDAQ:FBYD - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 11,084 shares of the company's stock, valued at approximately $89,000. 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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