Why Is fuboTV (FUBO) Stock Rocketing Higher Today
Update: 2025-10-30
Description
FuboTV's shares surged after announcing a major deal with Disney's Hulu plus Live TV, creating a new powerhouse in the pay TV space with nearly six million subscribers. The combined service will continue under Fubo's leadership, with Disney providing a $145 million loan. Despite the initial jump, fuboTV's stock remains volatile, with shares down over 30% from their January high. The merger's impact on the market's view of the company remains to be seen.
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