Flutter Entertainment plans to delist from the London Stock Exchange and keep its ordinary shares trading only on the New York Stock Exchange under ticker FLUT, concentrating liquidity in the US market. The stock currently trades at $97.85, down 10.2% over the past week and 55.2% year to date, with a consensus analyst target of $159.93. The move may affect trading habits, liquidity sources, and the shareholder base over time, while sharpening focus on US market hours and infrastructure.
Flutter Entertainment plcFlutter plans to delist from LSE and trade solely on NYSE, concentrating liquidity in US market, which may affect trading habits and shareholder base.