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Benzinga

Business

Adam Eckert

Fubo Stock Is Rising Tuesday: Here's Why

FuboTV

FuboTV Inc (NYSE:FUBO) shares are trading higher Tuesday after the company announced preliminary results for the second quarter.

What Happened: Fubo said it expects to report second-quarter North America revenue of more than $365 million versus prior guidance of $345 million at the midpoint. The company anticipates second-quarter revenue in the rest of the world category to exceed $8.5 million versus prior guidance of $7 million at the midpoint.

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