finance
DraftKings and Flutter Entertainment Stocks Rise but Remain Below Peaks as Revenue Growth Slows
DraftKings shares reached $29 and Flutter Entertainment shares reached $110 as analysts forecast record U.S. betting on the FIFA World Cup.
BenzingaAudio version
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DraftKings stock reached $29, a 42 percent gain from its lowest point this year. Flutter Entertainment stock reached $110, up from a year-to-date low of $91. U.S. Sports betting. Their shares have risen in recent weeks during the NBA Finals and the FIFA World Cup. 4 billion on the FIFA World Cup.
Benzinga reported that revenue growth for DraftKings and Flutter Entertainment has slowed dramatically in the past few months. The companies' stocks remain below their all-time highs despite the recent rebound.
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