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    Market Trends & Social Media Insights – October 12, 2024 18:28

    European Firms Choose U.S. Listing for Institutional Support | FinOracle

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    European Firms Choose U.S. Listing for Institutional Support | FinOracle

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European Firms Choose U.S. Listing for Institutional Support

Flutter made its debut on the NYSE, aiming to transition to its primary listing. The percentage of foreign-domiciled companies on the NYSE has grown to 25%. A U.S. listing offers increased institutional following, according to the NYSE's Michael Harris. However, Flutter's U.K. stock price remained stagnant last year.

by Mark Eisenberg
Thu, Feb 22, 2024 2:35pm
in Business
• 2 mins read
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European Firms Choose U.S. Listing for Institutional Support | FinOracle

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European Companies Flock to US Market for Listing

Flutter Entertainment, the parent company of sports betting giant FanDuel, has joined the growing trend of European companies seeking a primary listing in the US market. Initially debuting as a secondary listing in New York on January 29, Flutter swiftly expressed its intention to transition to a primary listing.

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