Flutter Entertainment stock hits all-time high

Finance News

Flutter Entertainment a $52.7 billion market cap gaming giant, has reached a significant milestone, with its stock price achieving an all-time high of 299.99 USD.

This marks a notable achievement for the company, reflecting strong investor confidence and robust market performance.

Over the past year, Flutter Entertainment’s stock has seen a remarkable 49.41% increase, supported by impressive revenue growth of 16.7% and projected 29% growth for the current fiscal year. This surge in stock price highlights the market’s favorable response to Flutter’s ongoing efforts to expand its footprint in the global entertainment and gaming sectors. 

In other recent news, Flutter Entertainment has been active with several significant developments. The company announced it secured a $1.75 billion bridge loan to address its financing needs, which will be used for transactions, fees, and general corporate purposes.

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