Falcon’s Beyond Global (NASDAQ:FBYD) Shares Gap Down – Here’s Why

Falcon’s Beyond Global, Inc. (NASDAQ:FBYDGet Free Report)’s share price gapped down prior to trading on Monday . The stock had previously closed at $8.43, but opened at $8.17. Falcon’s Beyond Global shares last traded at $8.40, with a volume of 521 shares changing hands.

Falcon’s Beyond Global Price Performance

The business’s 50 day moving average price is $6.49 and its 200-day moving average price is $7.62.

Institutional Investors Weigh In On Falcon’s Beyond Global

An institutional investor recently bought a new position in Falcon’s Beyond Global stock. Northern Trust Corp bought a new position in Falcon’s Beyond Global, Inc. (NASDAQ:FBYDFree Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 11,084 shares of the company’s stock, valued at approximately $89,000. 38.88% of the stock is currently owned by institutional investors.

Falcon’s Beyond Global Company Profile

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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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