Bear Market Blues: The Critical Reasons Why fuboTV Stock Is Down 95%

By Parkev Tatevosian, CFA – Nov 28, 2022 at 11:45AM

NYSE: FUBO

fuboTV

Market Cap

$410M

Today's Change

(1.46%) $0.02

Current Price

$1.39

Price as of April 26, 2024, 4:00 p.m. ET

There are relatively few stocks in the market that are down as much as the streaming service's.

The expenses of sports-centric streaming service fuboTV (FUBO 1.46%) are exceeding revenue with little evidence of improvement. Investors are concerned that the company's business model is unsustainable.

*Stock prices used were the afternoon prices of Nov. 25, 2022. The video was published on Nov. 27, 2022.

Parkev Tatevosian, CFA 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.