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Benzinga
Benzinga
Business
Chris Katje

FuboTV Bet On A Sportsbook And Lost: Shocking Closure Of Gambling Unit And What's Ahead For Sports Media

Sports streaming platform company FuboTV Inc (NYSE:FUBO) shared a company update Monday that could change how it is positioning itself moving forward. Here’s what the company said and what could be ahead for shareholders.

What Happened: Shares of FuboTV rose sharply Monday after the company reported preliminary third-quarter results.

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