Falcon’s Beyond Global (NASDAQ:FBYD) Shares Gap Up to $8.82

Shares of Falcon’s Beyond Global, Inc. (NASDAQ:FBYD) gapped up before the market opened on Tuesday . The stock had previously closed at $8.82, but opened at $9.44. Falcon’s Beyond Global shares last traded at $9.44, with a volume of 151 shares traded.

Falcon’s Beyond Global Trading Up 4.0 %

The company has a quick ratio of 0.03, a current ratio of 0.04 and a debt-to-equity ratio of 0.49. The stock has a 50-day simple moving average of $10.73.

Hedge Funds Weigh In On Falcon’s Beyond Global

A hedge fund recently bought a new stake in Falcon’s Beyond Global stock. Vanguard Group Inc. purchased a new stake in Falcon’s Beyond Global, Inc. (NASDAQ:FBYD) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 139,961 shares of the company’s stock, valued at approximately $1,722,000. Vanguard Group Inc. owned approximately 0.10% of Falcon’s Beyond Global as of its most recent filing with the Securities and Exchange Commission. 38.88% of the stock is currently owned by hedge funds and other institutional investors.

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.