Flutter Entertainment Slips to 198th in Trading Volume Ranking Amid Strategic Moves

Generated by AI AgentAinvest Volume Radar
Tuesday, Jul 15, 2025 7:10 pm ET1min read

On July 15, 2025,

Entertainment (FLUT) experienced a significant decline in trading volume, with a total turnover of $491 million, marking a 33.83% decrease from the previous day. This placed Flutter at the 198th position in terms of trading volume for the day. The stock price of Flutter also decreased by 0.58%.

Flutter Entertainment has recently been in the spotlight due to its strategic acquisitions and share buyback programs. The company announced a $1.75 billion deal to acquire Boyd Gaming's 5% stake in FanDuel, a move that is expected to strengthen its position in the sports betting market. This acquisition is part of Flutter's broader strategy to expand its market presence and enhance its competitive edge.

In addition to its acquisition activities, Flutter Entertainment has also initiated a share buyback program. The company announced plans to repurchase up to $225 million worth of its own shares by September 30, 2025. This buyback is part of a larger $5 billion initiative aimed at optimizing the company's capital structure and delivering value to shareholders. The buyback program reflects Flutter's confidence in its financial health and its commitment to returning value to its investors.

Analysts have also shown optimism towards Flutter Entertainment's future prospects. JMP Securities recently raised its price target for Flutter shares from $301.00 to $323.00, citing the company's strong market position and growth potential. The average price target among 24 analysts stands at $309.34, indicating a positive outlook for the stock. This analyst sentiment, combined with the company's strategic initiatives, suggests that Flutter Entertainment is well-positioned for future growth and value creation.

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