NYSE:FUBO - New York Stock Exchange, Inc. - US35953D1046 - Common Stock - Currency: USD
Disney's streaming business is under pressure with Senator Elizabeth Warren attacking its proposed deal with Fubo and a class action lawsuit moving forward.
Mentions: DIS
It may be early, but some blazing investments have already delivered wealth-altering gains in this young year.
The performance of consumer discretionary businesses is closely linked to economic cycles. This volatility leads to big swings in stock prices that have worked in their favor recently - over the past six months, the industry has returned 22.7% and beat the S&P 500 by 5.8 percentage points.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Disney (NYSE:DIS) and the rest of the media stocks fared in Q3.
/PRNewswire/ -- Cineverse (NASDAQ: CNVS), a next generation entertainment studio, has announced an expanded partnership with FuboTV Inc. (d/b/a/ Fubo) (NYSE:...
Mentions: CNVS
Shares of FuboTV (NYSE: FUBO) were pulling back today after a surge last week that came on an agreement to merge with Disney's (NYSE: DIS) Hulu + Live TV. There wasn't any company-specific news out on Fubo today, but after digesting the news, investors may think that the Fubo stock rally was overdone. A risk-off day in the market, driven by increasing bets that the Federal Reserve may not cut interest rates this year, also seemed to fuel the sell-off.
Mentions: DIS
Disney's ESPN, Warner Bros. Discovery, and Fox have canceled plans to launch their joint sports streaming service.
/PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws...
Pay-TV provider DirecTV Inc. wrote in a letter to a federal judge Thursday that a recent settlement between Walt Disney Co. and FuboTV Inc. doesn’t resolve antitrust issues around Venu, a planned sports streaming service.