Big-name investors bought FanDuel owner Flutter Entertainment, filings show
Portfolio Pulse from
High-profile investors, including Dan Loeb, have shown interest in Flutter Entertainment, the main owner of FanDuel, which moved its primary listing to the U.S. in May.
November 15, 2024 | 10:00 am
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POSITIVE IMPACT
High-profile investors, including Dan Loeb, are investing in Flutter Entertainment, which could positively impact its stock price following its U.S. listing.
The interest from high-profile investors like Dan Loeb suggests confidence in Flutter Entertainment's growth prospects, especially after its U.S. listing. This could lead to increased demand and a positive short-term impact on its stock price.
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IMPORTANCE 80
RELEVANCE 90