Flutter Entertainment, a gambling company, has started trading on the New York Stock Exchange (NYSE) under the ticker $FLUT. The company aims to narrow the valuation gap with rivals like DraftKings. Analysts are discussing whether the listing will primarily benefit Flutter or if it will attract more institutional money and attention to the U.S. online gambling opportunity. Industry experts are reacting to Flutter's NYSE debut and its accelerating primary listing ambitions.
With @FlutterDev listing on @NYSE this week, it's been fun to consider a way to tell the story of @FanDuel's U.S. online #sportsbetting dominance in one chart. Well, here it is. https://t.co/DcBxGRvFsq
Industry reaction to Flutter’s NYSE debut and accelerating primary listing ambitions https://t.co/KjngEUvjR3 https://t.co/vD2DR8Ua7K
Yesterday (29 January), Flutter began trading on the New York Stock Exchange (NYSE). Ed Birkin, senior analyst at H2 Gambling Capital, looks at what this move signifies for the industry. https://t.co/bDQT1aTUBc https://t.co/v8FBybzNPw
The big question about the $FLUT listing: Will benefits accrue primarily to Flutter or will a spillover effect train more institutional money and attention on the U.S. online gambling opportunity (e.g., $GAMB)? I spoke to @nytimes @dealbook about the listing (link 👇) this AM.
Flutter Entertainment, which started trading on the New York Stock Exchange on Monday, is trying to narrow the valuation gap with rivals like DraftKings https://t.co/pEKnjsBo1V
Flutter Entertainment commences trading on the NYSE $FLUT $IPO #IPO https://t.co/Gtl6fSk8k3