Benzinga | Jul 16, 2020 02:54PM EDT

Why Flying Eagle Acquisition's Stock Is Trading Higher Today

Flying Eagle Acquisition Corp (NYSE:FEAC) shares are trading higher on Thursday after reports emerged the company is rumored to be in talks to strike a deal with Sportradar.

Flying Eagle Acquisition operates as a blank check company.

Flying Eagle Acquisition shares were trading up 9.10% at $11.99 on Thursday. The stock has a 52-week high of $12.10 and a 52-week low of $9.81.