investing

Meta Platforms Flutter Entertainment DraftKings

Meta Platforms (META) Develops Prediction Markets App, Impacting DraftKings (DKNG) and Flutter Entertainment (FLTR) Stocks

Meta Platforms is developing a prediction markets app called 'Arena,' which could impact existing sports betting companies by attracting users to its platform without using real money initially. This news has caused declines in stocks of major players in the sports betting industry.