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2 Sports Betting Stocks on the Rise Today
DKNGDraftKings(DKNG) Schaeffers Investment Research·2024-09-25 18:36

The widespread legalization of sports betting has plenty of investors scrutinizing the sector as a growth play, especially amid the NFL season. In today's news, Flutter Entertainment PLC (NYSE:FLUT) lifted its revenue guidance, forecasting $21 billion in revenue by 2027, and announced a $5 billion share buyback plan. The stock is on the rise in response, taking DraftKings (NASDAQ:DKNG) stock with it, as both stand to gain from the former's success. Flutter Entertainment stock is gapping to fresh record high ...