By Josh Beckerman
Falcon’s Beyond Global shares were down 36% to $11.16 on Monday after they more than doubled Friday, the first trading day following a blank-check company merger.
Falcon’s Beyond operations include designing immersive experiences at theme parks and other venues. Projects include attractions at SeaWorld, the Hard Rock Vault in Orlando, Fla., and the Kennedy Space Center Visitor Complex. It opened Katmandu Park in Punta Cana, Dominican Republic, and runs Beyondland on Roblox.
Shares closed at $7.76 Thursday and $17.40 Friday.
The combination of Falcon’s Beyond and FAST Acquisition Corp. II was announced in July 2022, and originally expected to close by the first quarter of 2023.
Write to Josh Beckerman at [email protected]
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