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Why fuboTV Stock Was Up on a Down Day

Why fuboTV Stock Was Up on a Down Day

Shares of sports streaming service fuboTV (NYSE: FUBO) were up on Friday in sharp contrast to the broad decline of the stock market. As of 12:50 p.m. ET, fuboTV stock was up 4% but it had been up as much as 10% earlier in the session. Analyst Michael Pachter of Wedbush believes that fuboTV stock can beat the market from here and he accordingly upgraded the stock, according to The Fly.