FLUT

DraftKings is showing early signs of recovery in its iGaming business with improved revenue growth, stabilized market share, and successful product launches like Lightning Link and Flex Spins. However, the company faces intense competition from Flutter Entertainment and PENN Entertainment. DKNG stock is trading at a discount with a Zacks Rank #4 (Sell) rating, though 2026 earnings are projected to surge 36.4%.

Pomerantz LLP is investigating potential securities fraud claims against Flutter Entertainment plc following the company's announcement on September 28, 2026, that it ceased operations in Brazil due to a nationwide online gaming ban. The news triggered a 7.93% stock price decline, with Flutter projecting approximately $70 million in lost 2026 revenue and $20 million reduction in adjusted EBITDA from the Brazilian unit closure.

Pomerantz LLP is investigating Flutter Entertainment for potential securities fraud following the company's announcement that it ceased operations in Brazil due to a nationwide online gaming ban. The suspension is expected to reduce 2026 revenue by approximately $70 million and adjusted EBITDA by $20 million, causing Flutter's stock to fall 7.93% to $76.63 per share on September 28, 2026.