Falcon's Beyond Global, Inc. (NASDAQ:FBYD - Get Free Report) shares were up 6.3% on Friday . The stock traded as high as $7.50 and last traded at $7.29. Approximately 2,227 shares were traded during trading, a decline of 95% from the average daily volume of 40,903 shares. The stock had previously closed at $6.86.
Falcon's Beyond Global Stock Performance
The company's 50-day moving average is $6.74 and its two-hundred day moving average is $7.75.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in Falcon's Beyond Global stock. Geode Capital Management LLC raised its stake in Falcon's Beyond Global, Inc. (NASDAQ:FBYD - Free Report) by 22.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 51,084 shares of the company's stock after acquiring an additional 9,499 shares during the quarter. Geode Capital Management LLC's holdings in Falcon's Beyond Global were worth $397,000 as of its most recent SEC filing. 38.88% of the stock is currently owned by institutional investors and hedge funds.
About Falcon's Beyond Global
(
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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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