Why Are FuboTV Shares Sliding On Thursday? - FuboTV (NYSE:FUBO)

Shares of FuboTV Inc. (NYSE:FUBO) are declining on Thursday, caught in a broader market environment where major indices are trading lower. While the tech-heavy Nasdaq is down 0.68% and the S&P 500 is down 0.66% in recent trading, the sports-first streamer is significantly underperforming its sector.The CatalystFuboTV's current downturn aligns with continued pressure following its first-quarter 2026 financial report. Despite reporting a revenue beat of $1.55 billion against analyst expectations of $1.10 bill ...