FuboTV Stock Is Soaring Yet Again -- Here's Why

Sports-focused streaming company FuboTV (FUBO 6.62%) is one of the top-performing stocks in the market on Tuesday. As of 11 a.m. ET, Fubo's stock is up about 25%.However, this pales in comparison to the stock's massive 250% gain on Monday, which came on the back of its deal with Disney (DIS 0.64%) to merge its streaming service with Disney-owned Hulu+ Live TV.Disney and Fubo are gearing up to take on YouTube TVIf you are unfamiliar with the details, Disney will be a 70% owner of Fubo (which will be the comb ...