The stock of streaming service fuboTV rose in its market debut on Thursday. As of 11:20 a.m. ET, the stock was up 10 percent at $11.
The company had late on Wednesday priced its initial public offering at $10 apiece, right in the middle of its $9-$11 target range.
It also increased the number of shares offered in the IPO from 15 million to 18.3 million, raising $183 million. The company's stock now trades on the New York Stock Exchange under ticker symbol FUBO.
The IPO comes amid a recent boon for streaming video providers due to the coronavirus pandemic lockdowns. FuboTV, led by CEO David Gandler, earlier this year merged with technology firm Facebank Group and named Edgar Bronfman Jr.
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