The Feed / FLUT / #012949
TARGET · FLUT

FLUT → $120.00 by Dec 31, 2026.

K
kalterikreddit
via r/wallstreetbets
· Published Oct 2, 2026 21:49 · Valid until Dec 31, 2026 · ACTIVE
Entry
$75.10
Now
$75.90 +1.1%
Target
$120.00
Score
—
[Combined cost basis: \~$19,600](https://preview.redd.it/jdps5wp9e4th1.png?width=638&format=png&auto=webp&s=4eeb51510b32e1880a22bcc7056b68cc18f2001e) [Cost Basis: \~$4,500](https://preview.redd.it/l7z1ch4ae4th1.png?width=592&format=png&auto=webp&s=1e787133b456c7c25ccf7b6a0a2b6aa9f971e0fb) Long Thesis: Flutter is the bookie behind FanDuel, plus several betting sites in the UK, Italy, and Australia. They were originally listed on the London Stock Exchange and were briefly dual listed on the NYSE before fully delisting from LSE causing an unholy amount of forced selling via the passive funds tracking the MSCI EAFE index. As a result of this alongside prediction market fears the stock was down \~67%. Then outta nowhere, …
— ORIGINAL POST · Gambling 24k on Gambling ($FLUT) · r/wallstreetbets · Oct 2, 2026