FuboTV Rallies 7%, Disney Ticks Up: Is the Hulu Live TV Deal Finally Getting Credit?
FuboTV rallied about 7% midday Wednesday, attracting buyers despite trading near the bottom of its 52-week range, while larger streaming peers showed little movement. The rally comes amid questions over whether the Hulu Live TV deal is finally gaining recognition, with Disney also edging up.
Why it matters — A FUBO watcher would care because this marks a notable turnaround in investor interest for a stock that has been trading near its 52-week low, and it ties directly to the potential impact of the Hulu Live TV deal.