On Monday Disney announced that they were getting out of the live sports/tv business by merging their live business with Fubo.
Fubo is somehow being used as a SPAC….after being a SPAC in 2022. 3 reverse splits ago. The stock rallied almost 300% today, and touched $6 in after hours trading.
So the question is, after close to a 400% move in 24 hours, is it worth chasing?
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