fuboTV is aiming to stem losses on the bottom line with this strategic shift.
fuboTV's (FUBO -3.57%) stock is down significantly off its highs, as investors are shunning unprofitable growth stocks. As a result, fuboTV management is focusing on stemming the losses on the bottom line. In this video, I highlight one major strategic change it is making to achieve that aim.
Stock prices used were the afternoon prices of Sept. 14, 2022. The video was published on Sept. 16, 2022.
Parkev Tatevosian has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends fuboTV, Inc. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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