fuboTV to Join Russell 3000: What Investors Should Know

Leading sports-first live-streaming service fuboTV (NYSE: FUBO) is joining the broad-market Russell 3000 Index later this month, the company announced on Tuesday morning. With over $10 trillion of assets benchmarked against Russell's indexes, the inclusion may result in greater demand for the stock. The move to include the tech company in the index less than a year after the stock was listed on the New York Stock Exchange (NYSE) highlights how quickly fuboTV has managed to establish itself as an important company in streaming TV.