RTTNews | Jun 2, 2021 12:22PM EDT

12:22 Wednesday, June 2, 2021 (RTTNews.com) - Shares of live streaming TV platform fuboTV Inc. (FUBO) are up 11 percent on Wednesday's trading even as the company makes preparations to facilitate sports betting directly through television.

According to reports, fubo TV is upgrading its app dashboard to display live statistics and chances to win a full year's free subscription to the service. The company plans to test sports betting through TV during the World Cup soccer qualifying matches for the South American Football Confederation.

The stock is currently trading at $26.96, up $2.66 or 11% on the NYSE. FUBO has traded between $8.12 and $62.29 during the past 52 weeks.

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