flyExclusive, Inc. (NYSE:FLYX – Get Free Report) dropped 5.3% on Tuesday . The company traded as low as $3.12 and last traded at $3.22. Approximately 11,353 shares changed hands during trading, a decline of 47% from the average daily volume of 21,591 shares. The stock had previously closed at $3.40.
flyExclusive Stock Performance
The stock has a 50 day simple moving average of $2.91 and a two-hundred day simple moving average of $3.06.
Institutional Investors Weigh In On flyExclusive
A hedge fund recently bought a new stake in flyExclusive stock. Raymond James Financial Inc. acquired a new position in flyExclusive, Inc. (NYSE:FLYX – Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 20,300 shares of the company’s stock, valued at approximately $64,000. 12.99% of the stock is currently owned by hedge funds and other institutional investors.
About flyExclusive
flyExclusive, Inc, through its subsidiary, LGM Enterprises, LLC., owns and operates private jets in North America. It also offers jet charter services; and aircraft maintenance, repair, overhaul (MRO) operations, and interior and exterior refurbishment services, as well as wholesale and retail ad hoc flights, a jet club program, partnership program, fractional program, and other services.
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