Falcon’s Beyond Global (NASDAQ:FBYD) Trading 4% Higher – Here’s Why

Falcon’s Beyond Global, Inc. (NASDAQ:FBYD) shares traded up 4% on Wednesday . The company traded as high as $10.24 and last traded at $10.23. 2,191 shares changed hands during mid-day trading, a decline of 67% from the average session volume of 6,648 shares. The stock had previously closed at $9.84.

Falcon’s Beyond Global Price Performance

The stock’s fifty day moving average is $10.16 and its two-hundred day moving average is $10.17.

Falcon’s Beyond Global (NASDAQ:FBYD) last posted its earnings results on Tuesday, August 13th. The company reported $0.01 earnings per share for the quarter. The business had revenue of $1.80 million during the quarter.

Falcon’s Beyond Global Announces Dividend

The firm also recently announced a — dividend, which will be paid on Tuesday, December 17th. Investors of record on Tuesday, December 10th will be issued a $20.00 dividend. The ex-dividend date of this dividend is Tuesday, December 10th.

Falcon’s Beyond Global Company Profile

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.