Flutter Entertainment Surges to 130th in Trading Volume with $698 Million in Shares Traded Despite Stock Price Decline

Volume AlertsFriday, Jun 13, 2025 8:00 pm ET
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On June 13, 2025,

(FLUT) saw a significant increase in trading volume, with a total of $698 million in shares traded, marking a 54.42% rise from the previous day. This surge placed at the 130th position in terms of trading volume for the day. However, despite the high trading volume, Flutter's stock price closed down 2.50%.

Citizens JMP, a prominent analyst firm, reiterated its Market Outperform rating for Flutter Entertainment. This rating indicates a strong confidence in the company's future performance, suggesting that the stock is expected to outperform the broader market. The firm maintained its price target of $301.00, which represents a potential upside from the current stock price.

JMP Securities also restated its Market Outperform rating for Flutter Entertainment, aligning with Citizens JMP's assessment. This reiteration underscores the consensus among analysts regarding the company's positive outlook and potential for growth. The firm's price target of $301.00 further supports the expectation of a favorable performance for Flutter's stock.

Bernstein analyst Ian Moore highlighted the enduring spirit of 1970s cinema, noting that powerful narratives and star-making energy still exist in niche, less traditional spaces. Moore believes that the experience economy, driven by live music and sports venues, as well as high-rolling live bettors, will continue to thrive. This analysis suggests that companies catering to superfans and offering ultra-luxury VIP packages are well-positioned for profitability growth.