Falcon’s Beyond Global (NASDAQ:FBYDW) Shares Up 11% – Here’s What Happened

Falcon’s Beyond Global, Inc. (NASDAQ:FBYDW)’s stock price rose 11% during mid-day trading on Friday . The company traded as high as $0.7490 and last traded at $0.7230. Approximately 2,734 shares changed hands during mid-day trading, a decline of 61% from the average daily volume of 6,957 shares. The stock had previously closed at $0.6515.

Falcon’s Beyond Global Trading Up 11.0%

The company has a fifty day simple moving average of $1.44 and a two-hundred day simple moving average of $1.37.

About Falcon’s Beyond Global

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. It also develops a diverse range of entertainment experiences using owned and third party licensed intellectual property, spanning location-based entertainment, dining, and retail; and engages in animation, movies, licensing and merchandising, and gaming, as well as ride and technology sales.