Fubo Wins Preliminary Injunction Against The Walt Disney Company, FOX Corp. and Warner Bros. Discovery’s Venu Sports Joint Venture
finance.yahoo.com
NEW YORK, August 16, 2024--FuboTV Inc. (d/b/a Fubo) (NYSE: FUBO), the leading sports-first live TV streaming platform, has been successful in stopping the launch of The Walt Disney Company, FOX Corp. and Warner Bros. Discovery’s Venu Sports joint venture (JV) after its request for a preliminary injunction was approved by the U.S. District Court, Southern District of New York today. Today’s ruling is significant as Fubo fought against three of the world’s biggest media conglomerates to create a m
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The original was posted on /r/wallstreetbets by /u/AlarmingAd2445 on 2024-08-18 16:57:29+00:00.

Stock jumped over 20% Friday with very bullish afterhours. Feel like it’s been so beaten down, with this news and recent decent earnings reports it has room to run, possibly to the $4-5 range quickly. To add to that, it has 15% SI w/ 3 days to cover which might make things interesting. Jumping on some calls Monday morning.