tiprankstipranks
Trending News
More News >

Principal Global Investors Acquires Significant Stake in Entain PLC

Story Highlights
Principal Global Investors Acquires Significant Stake in Entain PLC

Confident Investing Starts Here:

Entain plc ( (GB:ENT) ) has provided an announcement.

Principal Global Investors, LLC, an investment adviser registered in the United States, has acquired a significant stake in Entain PLC, crossing the 5% threshold of voting rights. This acquisition, involving 32,007,629 ordinary shares, represents 5.007% of the voting rights in Entain, potentially impacting the company’s shareholder dynamics and market perception.

More about Entain plc

Entain PLC is a non-UK company operating in the gambling and sports betting industry. It offers a range of betting and gaming products and services, focusing on both retail and online markets.

YTD Price Performance: -5.84%

Average Trading Volume: 2,351,254

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: £4.08B

See more data about ENT stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App