FuboTV Stock Soars on Judge's Ruling on Disney-Fox-Warner Bros. Discover JV
Fox(FOXA) Investopedia·2024-08-20 00:37
Key TakeawaysFuboTV shares took off following a judge's ruling blocking launch of a new sports streaming service from Walt Disney, Fox, and Warner Bros. Discovery.The judge said FuboTV likely would win it argument that the partnership violated antitrust laws.The three companies disagree and plan to appeal. Shares of FuboTV (FUBO) surged further Monday after a judge ruled in favor of the company in its antitrust challenge to a planned joint sports streaming service by The Walt Disney Co. (DIS), Fox Corp. (FO ...