Why fuboTV Stock Was Surging Today

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After a multiday slide starting Dec. 22, fuboTV (NYSE: FUBO) shareholders finally caught a break today when the company announced preliminary fourth-quarter earnings that were better than expected this morning. At the same time, the stock also got another bullish analyst note from Needham.

As a result, the suddenly active streaming stock was up 22.4% as of 12:18 p.m. EST.

Image source: Getty Images.

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