Falcon’s Beyond Global (NASDAQ:FBYD) Shares Down 5.4% – Here’s Why

Falcon’s Beyond Global, Inc. (NASDAQ:FBYDGet Free Report)’s stock price dropped 5.4% during trading on Thursday . The stock traded as low as $9.44 and last traded at $9.44. Approximately 8,053 shares changed hands during trading, an increase of 24% from the average daily volume of 6,479 shares. The stock had previously closed at $9.98.

Falcon’s Beyond Global Stock Down 5.4 %

The firm’s 50-day simple moving average is $10.06 and its 200-day simple moving average is $10.15.

Falcon’s Beyond Global (NASDAQ:FBYDGet Free Report) last released its quarterly earnings data on Tuesday, August 13th. The company reported $0.01 earnings per share (EPS) for the quarter. The firm had revenue of $1.80 million for the quarter.

About Falcon’s Beyond Global

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Falcon's Beyond Global, Inc operates as an entertainment company in the United States, Saudi Arabia, Caribbean, Hong Kong, and internationally. The company creates master plans; designs attractions and experiential entertainment; and produces content, interactives, and software, as well as engages in media and audio production, project management, experiential technologies, and attraction hardware development, procurement, and sales.

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