Why fuboTV Is Running 15% Higher This Week

Shares of fuboTV (NYSE: FUBO) were running over 15% higher this week as the live-streaming sports platform enjoyed momentum from being both a so-called "meme stock" that's heavily shorted and having positive developments in its business.

Reddit traders were rallying again around some of their favorite issues this week seeking a summer redux of the trading frenzy that captivated the markets back in January. 

Image source: Getty Images.

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Source Fool.com