Flutter Entertainment (FLUT) just delivered a mixed earnings update that drew a sharp response from the market, with revenue ahead of analyst expectations but earnings per share falling well short of forecasts.
Shares of global online betting powerhouse Flutter Entertainment (NASDAQ:FLUT) jumped 4.1% in the afternoon session after Wolfe Research analyst Peter Supino initiated coverage on the company with an Outperform rating. According to TipRanks, the firm established a bullish stance on the global betting and gaming operator, reflecting an optimistic view on its market trajectory. An…