Falcon’s Beyond Global (NASDAQ:FBYD) Shares Gap Up – Time to Buy?

Falcon’s Beyond Global, Inc. (NASDAQ:FBYDGet Free Report) gapped up before the market opened on Thursday . The stock had previously closed at $8.41, but opened at $8.67. Falcon’s Beyond Global shares last traded at $8.49, with a volume of 249 shares traded.

Falcon’s Beyond Global Stock Up 2.2 %

The firm’s 50 day moving average is $6.48 and its 200-day moving average is $7.64.

Institutional Trading of 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) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm bought 11,084 shares of the company’s stock, valued at approximately $89,000. Hedge funds and other institutional investors own 38.88% of the company’s stock.

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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