Can FuboTV Stock Triple Again in 2025?
You don't have to look hard to find Monday's top performer among U.S. exchange-listed stocks. Shares of FuboTV (NYSE: FUBO) more than tripled on the trading day, soaring 251% after the streaming TV service operator struck a head-turning deal with Disney (NYSE: DIS). Can it triple again from here?
This week's jump was warranted. Fubo went from a fringe but growing digital platform to one with Disney as a majority shareholder. The House of Mouse now has a 70% stake in Fubo, contributing its Hulu + Live TV streaming service to Fubo's live TV platform anchored by sports programming.
The unlikely pairing isn't as perplexing once you consider the backstory. Disney was set to partner with a pair of sports media giants to launch Venu Sports in the fall of last year, creating the ultimate sports package. Fans would pay a steep $42.99 a month for access to the impressive collection of live sports programming:
Source Fool.com
