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Rothschild & Co Urges Caution on FanDuel Owner's Stock Amid Slow Turnaround

Rothschild & Co has grown less enthusiastic about the stock of FanDuel's parent company after four consecutive guidance cuts, according to CNBC.

· 1 min read · language: en

Rothschild & Co has advised caution on shares of FanDuel's parent company, saying the sports betting brand's turnaround is taking longer than expected, according to CNBC.

The firm has become less enthusiastic about the stock after the company lowered its guidance four times in a row, CNBC reported.

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EGazette summarizes reporting from multiple sources; follow the links for the originals.

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