Michael Burry says he sold Flutter stake at his entry price

The disclosure matters less for Flutter than for what it reveals about Burry's posture: an exit at cost, with no count, value or date attached, is a statement of retreat rather than a directional call on the business. For a New York-listed operator whose story sits at the intersection of sports betting and listed-market scrutiny, the read-through is sentiment, not fundamentals. Whether the position was ever material to Flutter's float is the open question, and whether Burry's other holdings show the same instinct to flatten exposure is worth watching.