DraftKings and Flutter stocks fall after Kalshi raises $300M

Investing.comFriday, October 10, 2025 at 12:46:50 PM
DraftKings and Flutter stocks fall after Kalshi raises $300M
DraftKings and Flutter stocks have taken a hit following Kalshi's recent announcement of raising $300 million. This development is significant as it highlights the competitive landscape in the online betting market, where companies are vying for investor attention and market share. The decline in stock prices may reflect investor concerns about the potential impact of Kalshi's funding on DraftKings and Flutter's future growth.
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