Why Are fuboTV (FUBO) Shares Soaring Today

Category: Finance

Shares of fuboTV surged 240% after a new streaming deal with Disney, where Disney will hold a 70% stake in a joint venture. Fubo also resolved legal disputes with Disney and ESPN, receiving $220 million. Despite volatility, fuboTV's stock has increased 260% this year, reaching a new 52-week high.

Keywords: fuboTV, Disney, streaming deal

Source: Yahoo Finance UK

Update At: 1/7/2025

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