Flutter Entertainment is trading at $76.29, down -8.05%, after Q3 results missed expectations and the company reduced its 2026 revenue and adjusted EBITDA outlook.
- Management cited unfavorable sports results and the closure of its Brazil business.
- The company recorded an $873 million non-cash impairment. Sector weakness may also add pressure, though the earnings miss and guidance cut are the clearest company-specific catalysts.