Why fuboTV Stock Shot Up 22.5% Last Month
fuboTV(FUBO) The Motley Fool·2024-11-04 23:47
The company made a deal with a regional sports network.fuboTV (FUBO -4.61%) shares popped 22.5% higher last month, according to data from S&P Global Market Intelligence. The streaming TV channel, which focuses on serving sports fans, made a deal with another regional sports network and The Athletic, a premium sports news outlet. The stock is still down 54% year to date (YTD), and down 98% from all-time highs due to heavy cash burn and major share dilution.Here's why fuboTV stock shot up higher last month.Mo ...