Flutter Entertainment to Debut on NYSE as FLUT, Aiming to Tap into U.S. Capital Markets

Benzinga 2024-01-29

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FanDuel-parent company Flutter Entertainment will list on the New York Stock Exchange today, trading under the ticker symbol FLUT. This is a secondary listing as Flutter remains primarily listed on the London Stock Exchange and part of the FTSE 100 index. The NYSE listing of Flutter aims to tap into the vast U.S. capital markets and investor base, leveraging FanDuel's leading revenue share in the U.S. sports betting market, despite DraftKings' notoriety. Flutter hopes to compete with DraftKings for earned media coverage and investment with its NYSE listing.

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