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Why "Big Short" Investor Michael Burry Sees Upside in Beaten-Down Sportbook Stocks

MarketBeat News Feed · 7h ago · 🇺🇸 United States
Why "Big Short" Investor Michael Burry Sees Upside in Beaten-Down Sportbook Stocks

Michael Burry bought DraftKings and Flutter shares, betting regulation will curb prediction markets like Kalshi, as Wall Street analysts also see both sportsbook stocks as undervalued.

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