FuboTV stock continues rally after Venu Sports injunction

FuboTV (FUBO) stock rallies in Monday’s pre-market trading after a court injunction blocked the launch of a new rival sports streamer Venu Sports. Venu is the sports streaming platform formed through the partnership of media giants Fox (FOX, FOXA), Disney (DIS), and Warner Bros. Discovery (WBD).

Seana Smith and Brad Smith discuss what this setback for Venu ahead of the NFL season means for FuboTV in the streaming landscape.

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This post was written by Luke Carberry Mogan.