🟢 Allwyn AG is trading 4.5% up today, continuing momentum from strong Q1 earnings

Allwyn AG is trading 4.5% up at $8.08, extending gains as the stock continues to see positive momentum following a strong first-quarter earnings report released around June 5th.

• The company reported a 21% year-over-year increase in Q1 net revenue and a 24% increase in adjusted EBITDA, driven by organic growth and the acquisition of PrizePicks.
• Allwyn also reaffirmed its positive full-year 2026 guidance and announced a €150 million share buyback program, boosting investor confidence.