Flutter Flies To An All-Time High
Good evening. Welcome to Trends with No Friends.
FOR THOSE JUST JOINING US, HERE’S AN OVERVIEW
Markets were mixed. The Dow and S&P 500 inched higher. The Russell 2000 tumbled -0.94%.
Consumer discretionary, real estate and energy advanced more than +0.75%. Technology and healthcare lost approx. -0.30%.
New 52-Week Highs led New Lows — 241 vs. 63.
THE BEST OF THE BEST
Flutter Entertainment ($FLUT) is the Best of the Best. The online gaming conglomerate gained +6.99% following its Q3 earnings report.
$FLUT closed at an all-time high.
Here’s the daily chart.
And weekly chart.
THE WORST OF THE WORST
Topgolf Callaway Brands ($MODG) is the Worst of the Worst. The golf conglomerate dropped -9.22% following its Q3 earnings report.
$MODG closed at its lowest price since March 2020.
Here’s the disastrous daily chart.
And weak weekly chart.
RILEY’S RECS
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Author Disclosure: The author of this newsletter holds positions in GEO, AS, RDDT, ATGE, FLUT & FTDR. 📋