Why FuboTV Stock Soared 132% in Q1 While the S&P 500 Had Its Worst Quarter Since 2022

The big gain, however, comes with an even bigger footnote.In contrast with the S&P 500 index's worst quarterly performance since the bear market of early 2022, share prices of streaming television service FuboTV (FUBO -4.44%) rose 132% in Q1. This strength turns heads, particularly when the overall market struggles.But a deeper dive on FuboTV stock's big move suggests it's considerably less compelling.The bullishness didn't lastEarly this year, Walt Disney announced it would merge its Hulu streaming brand w ...