Flutter Entertainment share price sinks 15% after FanDuel owner flags soft 2026 outlook
Flutter shares fell 15% in London and nearly 14% in the U.S. after the company forecast 2026 core profit of $2.97 billion, missing analyst estimates by over $500 million. The company cited weaker U.S. betting engagement and underperforming promotions. Fourth-quarter revenue rose 25% to $4.74 billion, but U.S. wagering growth slowed to 3%.