FuboTV Inc. shares rise 2.83% premarket after being dropped from Russell Small Cap Comp Value Index.

Fubotv Inc. rose 2.83% in premarket trading. The company was dropped from the Russell Small Cap Comp Value Index, which may have caused a temporary sell-off. However, the stock's rise could be attributed to the overall positive sentiment in the market, as seen in the economic growth in Britain and the ongoing trade negotiations between South Korea and the U.S.