Why fuboTV Stock Skyrocketed on Wednesday

Shares of fuboTV (NYSE: FUBO) charged sharply higher on Wednesday, surging as much as 22.3%. As of 11:53 a.m. ET, the stock was still up 22%.

The catalyst that sent the streaming video specialist higher was a bullish call by a Wall Street analyst after the company released positive preliminary financial results.

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Source Fool.com