Why FuboTV Stock Skyrocketed 206% in the First Half of the Year

Group 1 - FuboTV's shares surged 206% in the first half of 2025 due to the merger agreement with Walt Disney [1] - The merger will combine Fubo with Hulu + Live TV, with Disney owning 70% of the new entity [4] - The merger is expected to triple Fubo's viewing audience and includes a $220 million payment to Fubo [5] Group 2 - Fubo reported a narrowed adjusted EBITDA loss of $86.1 million in 2024, with revenue growing 8% to $431.8 million [6] - The stock experienced volatility post-merger announcement, initially soaring before a modest pullback [2] - The Department of Justice is investigating the merger on antitrust grounds [6] Group 3 - Investors remain optimistic about the merger's success, anticipating that Disney's expertise could enhance Fubo's performance [8] - Despite the positive outlook, Fubo continues to face challenges as it remains unprofitable [8]