FanDuel Parent Flutter Stock Hits All-Time High on Strong NFL Betting
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Flutter Entertainment's stock reached an all-time high due to strong NFL betting demand, surpassing revenue estimates and raising guidance.
November 13, 2024 | 7:00 pm
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Flutter Entertainment's stock reached an all-time high as the company exceeded revenue estimates and raised its guidance, driven by strong demand for NFL betting.
The stock price increase is directly linked to the company's strong performance in NFL betting, which led to exceeding revenue expectations and an upward revision of guidance. This positive financial performance is likely to boost investor confidence and drive the stock price higher in the short term.
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