Morningstar has issued a SELL rating for Corning Incorporated (GLW), marking the stock as currently overvalued relative to its fair value estimate of $37 per share. Despite Corning’s strength in segments such as optical communications and display technologies, recent price increases to $46.84 signal a disconnect from fundamental value. This report evaluates Corning’s market positioning,… Continue reading Corning Incorporated Stock Price Could Decline to $37: Morningstar Research
Author: Jimmy Peterson
Flutter Entertainment Acquires Controlling Stake in Snaitech for $2.55 billion
Flutter Entertainment has announced its acquisition of Snaitech, an Italy-focused omnichannel operator, from Playtech for a total enterprise value of €2.30 billion. The deal, set to complete by Q2 of next year, will give Flutter 100% ownership of Snaitech, enhancing its presence in the Italian market. The acquisition aligns with Flutter’s strategy to invest in… Continue reading Flutter Entertainment Acquires Controlling Stake in Snaitech for $2.55 billion