Why did FLUT move on Jul 8, 2026?
14:02 ET · AI-sourced explanation · gemini-flash-latest
Flutter Entertainment (FLUT) shares surged after prominent investor Michael Burry announced he had taken new long positions in the company and its competitor DraftKings [1, 3, 4]. The high-signal market account @tradfi first reported the news at 14:02 ET [1], which immediately triggered a 1.5% price spike and subsequently drove both stocks to their session highs [2].