Falcon’s Beyond Global (NASDAQ:FBYD) Stock Price Down 6.5%

Falcon’s Beyond Global, Inc. (NASDAQ:FBYD) shares traded down 6.5% during mid-day trading on Wednesday . The company traded as low as $8.83 and last traded at $8.83. 185 shares traded hands during trading, a decline of 97% from the average session volume of 6,310 shares. The stock had previously closed at $9.44.

Falcon’s Beyond Global Trading Up 4.4 %

The firm has a 50-day moving average price of $10.70. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.04 and a quick ratio of 0.03.

Institutional Investors Weigh In On 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 shares of Falcon’s Beyond Global, Inc. (NASDAQ:FBYD) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 4,016 shares of the company’s stock, valued at approximately $49,000. Institutional investors own 38.88% of the company’s stock.

About Falcon’s Beyond Global

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.