Fubo stock surges after closing merger with Disney's Hulu + Live TV unit

13 hours ago 1
Disney To Aquire Majority Stake In Streaming Platform Fubo TV

Justin Sullivan/Getty Images News

Shares of Fubo TV (FUBO) are up more than 24% in premarket trading on Wednesday following the announcement the company has successfully merged itself with Disney's (DIS) Hulu + Live TV business.

Disney will have the controlling stake of 70% in

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