10hon MSN
Morgan Stanley says buy into weakness in Flutter and DraftKings after Kalshi enters parlays market
The stock-price sell-off in FanDuel’s parent company and DraftKings was too severe, an analyst is arguing on Wednesday.
Investors seem to view Kalshi and its ilk as genuine competition for DraftKings and FanDuel. DraftKings and Flutter were each off 11% Tuesday. Both stocks were on track for their worst day since 2022 ...
Asianet Newsable on MSN
Analyst Calls Flutter Stock’s 10% Drop After Kalshi's Sports Prediction Expansion 'An Overreaction' — Retail Turns Strongly Bullish
Prediction markets would likely make only a "little dent" in Flutter's market share, given that consumers prefer breadth and ...
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