Free Trial

Falcon's Beyond Global (NASDAQ:FBYD) Shares Gap Up to $10.00

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

Falcon's Beyond Global, Inc. (NASDAQ:FBYD - Get Free Report) gapped up prior to trading on Tuesday . The stock had previously closed at $10.00, but opened at $10.54. Falcon's Beyond Global shares last traded at $10.54, with a volume of 914 shares trading hands.

Falcon's Beyond Global Stock Up 3.0 %

The company has a fifty day moving average price of $10.18 and a two-hundred day moving average price of $10.56.

Falcon's Beyond Global (NASDAQ:FBYD - Get Free Report) last issued its quarterly earnings results on Thursday, May 16th. The company reported $1.53 earnings per share for the quarter. The business had revenue of $1.52 million for the quarter.

Hedge Funds Weigh In On Falcon's Beyond Global

A hedge fund recently bought a new stake in Falcon's Beyond Global stock. Wolverine Asset Management LLC bought a new stake in Falcon's Beyond Global, Inc. (NASDAQ:FBYD - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 4,016 shares of the company's stock, valued at approximately $49,000. Hedge funds and other institutional investors own 38.88% of the company's stock.

Falcon's Beyond Global Company Profile

(Get Free Report)

Falcon's Beyond Global, Inc operates as an entertainment company in the United States, Saudi Arabia, Caribbean, Hong Kong, and internationally. The company creates master plans; designs attractions and experiential entertainment; and produces content, interactives, and software, as well as engages in media and audio production, project management, experiential technologies, and attraction hardware development, procurement, and sales.

Further Reading

Should you invest $1,000 in Falcon's Beyond Global right now?

Before you consider Falcon's Beyond Global, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Falcon's Beyond Global wasn't on the list.

While Falcon's Beyond Global currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The Best High-Yield Dividend Stocks for 2024 Cover

Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Top 3 Bargain Stocks to Buy at Their 52-Week Lows
Top Small-Cap Picks as Russell 2000 Nears All-Time High
Top Stock Picks Amid Tech Market Meltdown

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines