Fubo soars 247% as Disney plans to take a majority stake and combine the streamer with Hulu
The fuboTV logo is hung from the New York Stock Exchange on the day of its IPO in the Manhattan borough of New York City, New York, U.S., October 8, 2020.
Reuters/Carlo Allegri
- FuboTV stock surged 247% after a deal with Disney was announced Monday.
- The deal merges FuboTV's streaming service with Hulu's live TV subscription service.
- The agreement settles litigation and includes financial commitments from Disney to FuboTV.
FuboTV stock soared as much as 247%...
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