Rush Street Interactive, Inc. (RSI) saw its stock price surge 5.03% in the pre-market session on Wednesday, as speculation mounted that the online gambling company could be a potential acquisition target.
According to a Benzinga report, RSI has been in discussions with multiple gaming companies about a potential sale or merger. While the company has not confirmed any talks, the news has fueled investor speculation, driving up the stock price.
Analysts at Jefferies noted that RSI's strong presence in the rapidly expanding online sports betting and iGaming markets could make it an attractive target for larger players seeking to bolster their digital offerings. The company has operations in several key markets, including New Jersey, Pennsylvania, and Ontario.
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