High Roller Technologies
2 January closing: $2.19
30 January closing: $6.76
Peak January closing: $23.75
One gambling firm to beat the early 2026 sell-off is High Roller Technologies, the company behind VIP-first brands High Roller and Fruta. The NYSE-listed firm’s stock spiked in the middle of January after it announced a deal with Crypto.com to expand into prediction markets. Having closed its IPO in October 2024, the bounce on the deal was the highest the firm’s stock had ever risen. While that froth has since subsided, High Roller’s shares are up more than 200% in January, with a market cap edging towards $75m.
Evoke
2 January closing: 22.15p
30 January closing: 24.85p
Peak January closing: 30.2p
Some M&A-induced tailwind towards the end of January helped pushed evoke’s share price upwards, as rumours swirled around Betfred’s and Bally’s potential appetite to take assets of the William Hill, 888 and Mr Green parent company. The London-listed business has been hit incredibly hard by the Autumn Budget and the forthcoming tax hikes, and the injection in the arm halfway through the month was a positive. However, the Q4 2025 trading update did little more to lift the stock, despite showing underlying growth. The large debt pile continues to loom too.
Flutter Entertainment
2 January closing: $218.27
30 January closing: $165.15
Peak January closing: $221.42
Flutter’s US stock has continued to take a hit amid fears over the rampant rise of prediction markets, which have continued to dominate sector headlines. Kalshi and Robinhood have caused some investors to be spooked that Flutter and DraftKings’ sports betting dominance could be under threat. Fears over margin as the Super Bowl and the end of the NFL come into view are also viewed as a potential reason for the decline. Flutter’s market cap is now around $29bn, having broached $50bn last year.
Entain
2 January closing: 771.4p
30 January closing: 605p
Peak January closing: 777.8p
Another London-listed business with a heavy UK focus, Entain was hit by the sell-off in January, with its stock sliding by more than a fifth. The operator’s North America-facing JV BetMGM is due to report its Q4 and full-year 2025 earnings this week, which could give the stock a boost. Entain, under the stewardship of CEO Stella David, saw its shares break the £10 barrier last summer. The operator, which has elected to drop its sponsorship of the Coral Cup at the Cheltenham Festival next month, will be hoping to see its stock rise towards that high watermark once again.
DraftKings
2 January closing: $35.66
30 January closing: $27.51
Peak January closing: $36.24
Similarly to Flutter, New York-listed DraftKings has also felt the brunt of the prediction markets phenomenon. Robinhood rolling out parlays in December wouldn’t have helped, with the Boston-based business’ share price slipping by more than 20% last month. The firm is due to report its full-year results on 12 February.
The post Stocks Tracker: can you feel those January blues? first appeared on EGR Intel.
EGR analyses the share price movements of major industry players in January, including evoke, Entain and Flutter
The post Stocks Tracker: can you feel those January blues? first appeared on EGR Intel.