October 4th (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.
$Falcon's Beyond Global (FBYD.US)$ slipped 0.88% and closed at $9.8917 on October 3rd with a turnover of $15,296. $Falcon's Beyond Global (FBYD.US)$ now has a total market capitalization of $113.79 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.