Stock Track | fuboTV Soars 5.13% as Investors Cheer Hulu+Live TV Merger Deal
Shares of fuboTV Inc. soared 5.13% on Wednesday's trading session, as investors reacted positively to the company's announced deal to combine with Walt Disney's Hulu + Live TV streaming service.The deal, announced on Monday, will see the two live TV streaming services merge to create a combined offering with over 6 million North American subscribers. This makes the new entity the second-largest live TV streaming player behind only YouTube TV.Analysts view the consolidation as a positive for fub