Falcon’s Beyond Global (NASDAQ:FBYD) Trading 9.1% Higher

Falcon’s Beyond Global, Inc. (NASDAQ:FBYD)’s share price rose 9.1% during mid-day trading on Thursday . The stock traded as high as $10.71 and last traded at $10.71. Approximately 255 shares traded hands during mid-day trading, a decline of 96% from the average daily volume of 6,220 shares. The stock had previously closed at $9.82.

Falcon’s Beyond Global Stock Up 4.4 %

The company has a fifty day moving average of $10.73. The company has a current ratio of 0.04, a quick ratio of 0.03 and a debt-to-equity ratio of 0.49.

Institutional Trading of Falcon’s Beyond Global

An institutional investor recently bought a new position in Falcon’s Beyond Global stock. Wolverine Asset Management LLC purchased a new position in Falcon’s Beyond Global, Inc. (NASDAQ:FBYD) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 4,016 shares of the company’s stock, valued at approximately $49,000. 38.88% of the stock is currently owned by institutional investors and hedge funds.

Falcon’s Beyond Global Company Profile

Falcon's Beyond Global, Inc operates as an entertainment powerhouse and innovator in storytelling. The company develops, owns, and operates hotels, theme parks, and retail, dining, and entertainment venues. It also provides master planning, media and audio production, project management, experiential technologies, attraction hardware development, procurement, and sales for the themed entertainment industry.