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Why fuboTV Is Soaring 16% Higher Today

TheMotleyFool

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Shares of fuboTV (NYSE: FUBO) were surging 16% higher in afternoon trading Wednesday although there was no big news surrounding the sports live-streaming platform. It did, however, announce its programming lineup for the upcoming Qatar World Cup qualifying matches for the South American Football Confederation.

Soccer is huge in South America and there will be some 70 qualifying matches aired. That's a large amount of programming that should attract millions of viewers, as fuboTV has exclusive live-streaming rights to the events.

Image source: Getty Images.

Source Fool.com

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