FuboTV Stock Plunges Deep Into Oversold Territory on Reverse Stock Split News. Should You Buy the Dip?

FuboTV (FUBO) stock plummeted more than 20% on Feb. 3, after the subscription-based streaming service announced plans of a reverse stock split in the range of 1-for-8 to 1-for-12. The selloff that crashed FUBO’s relative strength index (14-day) to about 21 — indicating deeply oversold territory — reflects investor sentiment toward reverse splits, which often signal financial distress. Following this plunge, FuboTV shares are down more than 30% versus the start of this year (2026). More News from Barchar ...