Stocks and Investing Stocks and Investing
Mon, February 3, 2025

Fubo's Hulu Coup Leads Sports Stocks' 9% Surge to Start Year


Published on 2025-02-03 09:01:23 - MSN
  Print publication without navigation

  • Sports stocks jumped 9% to start 2025, more than double the gains of the broader market, as Fubo's David versus Goliath victory over a deep-pocketed competitor led the Sportico Sports Stock Index to its highest monthly close in more than three years.

The article from MSN discusses the significant rise in FuboTV's stock price, which surged nearly 9% at the start of the year following the announcement of a new partnership with Hulu. This deal allows Hulu subscribers to access FuboTV's sports streaming services, enhancing FuboTV's market position in the competitive streaming industry. The partnership is seen as a strategic move to capture a larger audience by leveraging Hulu's existing customer base, thereby potentially increasing FuboTV's revenue and subscriber numbers. This news has positively impacted investor confidence, leading to the stock's notable increase.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/savingandinvesting/fubo-s-hulu-coup-leads-sports-stocks-9-surge-to-start-year/ar-AA1yjXqv ]
Contributing Sources
Similar Stocks and Investing Articles