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Falcon's Beyond Global (NASDAQ:FBYD) Trading 5.1% Higher - Here's What Happened

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

Falcon's Beyond Global, Inc. (NASDAQ:FBYD - Get Free Report) was up 5.1% on Tuesday . The stock traded as high as $6.86 and last traded at $6.59. Approximately 23,080 shares changed hands during trading, a decline of 52% from the average daily volume of 48,046 shares. The stock had previously closed at $6.27.

Falcon's Beyond Global Trading Down 3.0 %

The company has a fifty day moving average of $6.96 and a two-hundred day moving average of $7.79.

Institutional Investors Weigh In On Falcon's Beyond Global

A hedge fund recently bought a new stake 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 fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm 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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