Flutter Entertainment is trading at $98.74 (5.9% down) after reporting a swing to a net loss in its second-quarter results and announcing a future leadership change.
- The company posted sharply lower adjusted EPS and reduced its full-year 2026 guidance, weighing on long-term sentiment.
- CEO Peter Jackson is scheduled to step down on October 1, 2026, introducing leadership-transition uncertainty that investors are pricing in during pre-market trading.