Shares of Flutter Entertainment (FLUT) and DraftKings (DKNG) are both adding to Monday’s losses after BofA Securities ...
DraftKings and Flutter shares slide after BofA downgrades, citing prediction-market pressures, weak sports results, and ...
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BofA Analysts Downgrade $DKNG, FanDuel Stock Amid Prediction Market Boom
Bank of America analysts are the latest to downgrade DraftKings and FanDuel parent company Flutter Entertainment stocks. The ...
Concerns over structural hold, state taxes and prediction markets led Shaun Kelley of BofA to downgrade DraftKings and ...
The rise of prediction markets could lower market share and growth for sports betting stocks. An analyst downgraded both ...
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