Why Flutter Entertainment Rallied Today
Online gambling giant Flutter Entertainment (NYSE: FLUT) rallied 6.5% on Wednesday as of 1:24 p.m. ET.
You may know Flutter as the parent company of FanDuel, which is a popular U.S. fantasy sports site. However, the company also has physical sportsbook properties across the U.S., Ireland and the U.K., Australia, and other geographies, as well as platforms for online betting and casino games, known as "iGaming."
Today, Flutter made news at its investor event, during which it gave guidance to 2027 while also unveiling its first-ever buyback program.
Source Fool.com
