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Falcon's Beyond Global To Carry Out 6-for-5 Stock Split On December 10th, 2024

Moomoo News ·  Dec 8 20:00

December 8th (Eastern Time) - $Falcon's Beyond Global (FBYD.US)$ is about to implement a 6-for-5 stock split of shares. The shares will begin trading on a split-adjusted basis from December 10th, 2024.

$Falcon's Beyond Global (FBYD.US)$ rose 3.67% and closed at $9.875 on December 6th with a turnover of $11,384. $Falcon's Beyond Global (FBYD.US)$ now has a total market capitalization of $109.28 million.


What Is a Stock Split?

A stock split happens when a company increases the number of its shares to boost the stock's liquidity. Although the number of shares outstanding increases by a specific multiple, the total value of all shares outstanding remains the same because a split does not fundamentally change the company's value.

Note:

The company's actual implementation is subject to the final disclosure submitted to the exchange. The information provided herein is for reference only.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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