US Stock Market Move | FuboTV (FUBO.US) rose nearly 30% with a trading volume exceeding 58.02 million.

On Monday, the sports streaming platform FuboTV (FUBO.US) opened high and rose, with the stock rising nearly 30% to $1.96 as of press time, with a trading volume of over 58.02 million. On the news front, three media giants, Walt Disney Company (DIS.US), Fox (FOX.US, FOXA.US), and Warner Brothers Discovery (WBD.US), proposed to launch a sports streaming service called Venu Sports, which was met with a temporary injunction by a US district judge. In February of this year, FuboTV filed a lawsuit against several major media companies, alleging that monopolistic practices would hinder competition and raise consumer prices.