DKNG Stock Alert: What Flutter Entertainments' NYSE Listing Means for DraftKings
DraftKings(DKNG) InvestorPlace·2024-01-29 19:02
On paper, DraftKings (NASDAQ:DKNG) shareholders should feel pressure from a new competitor in the publicly traded sports betting scene. Earlier on Monday, Flutter Entertainment (NYSE:FLUT) made its U.S. trading debut on the New York Stock Exchange (NYSE) under the ticker symbol FLUT. Previously, shares were traded over the counter. Theoretically, the added attention could draw investment funds away from DKNG stock. However, this ecosystem might not be a zero-sum game.According to a Seeking Alpha report, Flu ...