Shares of Bowlero Corp. (NYSE:BOWL – Get Free Report) dropped 2.3% during mid-day trading on Tuesday . The company traded as low as $8.27 and last traded at $8.43. Approximately 153,650 shares were traded during mid-day trading, a decline of 74% from the average daily volume of 599,957 shares. The stock had previously closed at $8.63.
Bowlero Trading Down 2.3%
The firm has a market cap of $1.24 billion, a PE ratio of -13.82 and a beta of 0.70. The stock has a 50 day simple moving average of $8.99 and a 200-day simple moving average of $10.19.
Institutional Investors Weigh In On Bowlero
A hedge fund recently bought a new stake in Bowlero stock. Raymond James Financial Inc. acquired a new stake in shares of Bowlero Corp. (NYSE:BOWL – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 15,700 shares of the company’s stock, valued at approximately $184,000. 68.11% of the stock is owned by institutional investors.
Bowlero Company Profile
Bowlero Corp. operates bowling entertainment centers under the AMF, Bowlmor Lanes, and Bowlero brand names. The company also provides hosting and overseeing professional and non-professional bowling tournaments and related broadcasting. It operates bowling centers in the United States, Mexico, and Canada.
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