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Michael Burry Bets on Beaten-Down DraftKings, Flutter Despite Threat From Prediction Markets
'The Big Short's' Michael Burry just revealed in a Substack post he opened new positions in sports betting leaders DraftKings and Flutter Entertainment despite the stocks losing 35.8% and 60.9%, respectively, over the past year. After Burry... Read more.
Owner: USA TODAY Co., Inc. (Mike Reed, Chairman; Two Seas Capital, Apollo Global Management, Inc. & Alta Fundamental Advisers, Largest Shareholders)
Owner: Jay Penske through Penske Media Corporation & PMX Global, LLC
Owner: Jonathan Harmsworth, 4th Viscount Rothermere through Daily Mail & General Trust plc (DMGT)
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Owner: David Jang through IBT Media
Owner: David Jang through IBT Media
Owner: David Jang through IBT Media
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