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DraftKings up 5% after peer Flutter offers guidance, announces buyback

Shares of DraftKings (DKNG) are up $1.94, or 5%, to $41.08 in pre-market trading after its chief online sports betting peer Flutter Entertainment (FLUT), the parent of FanDuel, introduced medium-term 2027 guidance and the authorization of an up to $5B share repurchase program in conjunction with an an investor event being hosted today.

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