Shares of fuboTV Inc. (FUBO) are trading 8% higher at a price of $3.735 at the time of this writing.
fuboTV Inc. has been trading between a 52-week high of $35.1 and a 52-week low of $2.32. The stock has a market cap of $691 Million.
fuboTV (NYSE: FUBO) is the leading sports-first live TV streaming platform offering subscribers access to tens of thousands of live sporting events annually as well as leading news and entertainment content. With fuboTV's base plan, subscribers can stream a broad mix of 100+ live channels, including 43 of the top 50 Nielsen-ranked networks across sports, news and entertainment (Primetime A18-49), with the option to add dozens of additional networks. Continually innovating to give subscribers a premium viewing experience they can't find with cable TV, fuboTV is regularly first-to-market with new product features and was the first virtual MVPD to stream in 4K.
Headlines
fuboTV Inc. (FUBO) Suffers From Weak Fundamental Momentum
Marketing Sentinel 08-08-22
Ryan Reynolds’ Maximum Effort Gets $10 Million in FuboTV Shares Under First-Look Production Pact
Variety 08-08-22
FuboTV jumps 13% off unscripted TV deal with Ryan Reynolds (NYSE:FUBO)
Seeking Alpha 08-08-22
Ryan Reynolds’ Maximum Effort Productions, FuboTV Enter Into Multi-Year, Multi-Pronged Partnership, Including First-Look Unscripted Deal
Business Wire 08-08-22
Ryan Reynolds’ Maximum Effort and FuboTV Partner in Multiyear Deal
Adweek 08-08-22
As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:Middle_Pomegranate84 - 3 upvotes -
sourceAnyone have FUBO on ther squeeze list? 34% short float.. trading under $4.. beat estimates ?
lostindasauces - 2 upvotes -
sourceClov going to act just like fubo last week
Iikaigai - 2 upvotes -
sourceFUBO common 🚀🚀🚀
Iikaigai - 2 upvotes -
sourceFUBO 🚀
Iikaigai - 1 upvotes -
sourceFUBO 🚀🚀
Iikaigai - 1 upvotes -
sourceFUBO week 🚀
Iikaigai - 1 upvotes -
sourceAny prediction on FUBO?
Bonanners - 1 upvotes -
sourceI heard today peacock pulling their content to be strictly there. Disney owns espn+. Others will follow suit probably, as sports content can draw in subscribers. Where does that leave fubo? In this market though… who knows what will happen
A11anMS11 - 1 upvotes -
sourceFubo 5$ eod
shark1777 - 1 upvotes -
sourceNow wonder it rises , it does have terrible short interest rate like Fubo tv stock! 🥹