Flutter Entertainment announced it ceased sports betting and iGaming operations in Brazil due to a new nationwide online gaming ban. This closure could reduce its 2026 revenue by about $70 million and adjusted EBITDA by $20 million. Following the announcement, Flutter's stock price dropped nearly 8%. Pomerantz LLP is investigating whether the company and its executives engaged in securities fraud related to this issue, potentially leading to a class action lawsuit.
Flutter Entertainment shares are the subject of a legal investigation. For readers following Consumer Cyclical stocks, here is Pluang's market snapshot as of Oct 08, 2026 20:02 WIB: out of 126 stocks, 27 rose and 92 fell. Notable moves include GLBE at USD 39.68 (+1.85%), RENT at USD 1.71 (+1.79%) with 100% sell order activity, and DHI at USD 131.05 (-1.67%) with 100% buy order activity.
Pacira BioSciences was downgraded from Buy to Hold by Needham following Viatris's announcement to acquire the company for $36.50 per share, valuing it at about $1.65 billion. The deal is expected to close by late 2026 and will enhance Viatris's portf...
Seaport Global increased Shopify's price target from $175 to $180, reflecting an 8.3% upside from the current price of $166.16. Shopify's shares have surged 80% since May, pushing its market value above $205 billion. The rally is driven by a strategi...
Tesco reported earnings per share of $0.69, beating estimates of $0.64, despite revenue falling short at $44.60 billion versus $49.60 billion expected. The UK supermarket raised its full-year adjusted operating profit forecast to £3.15-3.30 billion, ...
CIQ has released Fuzzball 4.3, a platform that enables enterprises to deploy validated open-weight AI models and agents on their existing GPU infrastructure with a single command. This update simplifies operationalizing AI by automatically connecting...
As of September 30, 2026, Societe Generale's share capital consists of 739,264,232 shares with a total of 821,169,560 voting rights. The bank highlights its strong global presence with 110,000 employees serving 27 million clients across 58 countries....
