US Stock Market News | FuboTV surged nearly 30% with a trading volume exceeding 58.02 million

Zhitong
2024.08.19 15:15
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On Monday, the sports streaming platform FuboTV opened high and rose, with the stock up nearly 30% to $1.96 as of the time of writing, with a trading volume exceeding 58.02 million. On the news front, a temporary injunction issued by a U.S. district judge against Venu Sports, a sports streaming service planned by three media giants Disney, Fox, and Warner Bros., was announced. In February of this year, FuboTV filed lawsuits against several major media companies, alleging that monopolistic practices would hinder competition and raise consumer prices

According to the financial news app Zhitong Finance, on Monday, the sports streaming platform FuboTV (FUBO.US) opened high and rose, with the stock up nearly 30% to $1.96 as of the time of publication, with a trading volume exceeding 58.02 million. On the news front, a temporary injunction issued by a U.S. regional judge against a sports streaming service called Venu Sports planned to be launched by three media giants Disney (DIS.US), Fox (FOX.US, FOXA.US), and Warner Bros. Discovery (WBD.US). In February this year, FuboTV filed a lawsuit against several major media companies, alleging that monopolistic practices would hinder competition and raise consumer prices