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fuboTV (NYSE: FUBO) shares begin Tuesday after some major updates inside and outside the company

What is this news? Well, here’s a closer look at some of the reasons FUBO stock is taking off:

On the preliminary outlook figures, David Gandler, co-founder and CEO of fuboTV, said the following:

“fuboTV’s strong preliminary results for the fourth quarter of 2020 surpassed the record year already anticipated for the company and show the continued excitement of consumers for the company’s live TV streaming offering in 2021, we will continue to focus on the Focus on implementing our growth strategies This includes the further increase in advertising income, the implementation of sports betting in our product and the further establishment of fuboTV as a leading provider of sports and live streaming ”

At the time of this writing, Nick Clarkson held (neither directly nor indirectly) positions in the securities referred to in this article

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Fubo share

World news – CA – FUBO share alarm: Why fuboTV shares rise on Tuesday

Source: https://investorplace.com/2021/01/fubo-stock-alert-why-fubotv-shares-are-surging-tuesday/