Why is FuboTV Stock Price (NYSE: FUBO) Up 300% This Year?
After a 2024 that shareholders would want to forget, FuboTV’s stock price (NYSE: FUBO) has rewarded bulls by more than tripling in value through 2025 so far. The turnaround could be more stark, with the more than 50% decline last year now firmly in the rear-view. Let’s take a quick look at what caused such a sudden shift in sentiment.
Markets were buoyed on Monday, as Disney (NYSE: DIS) and FuboTV announced a significant move in the streaming industry, forming a new company that merges Fubo and Hulu + Live TV. Despite continuing as separate branded entities, Disney will hold a 70% stake in the company, with Fubo retaining the remaining 30%.
The 2 year chart shows a visible gap up as the news was digested, and the stock has continued to…
