Did fuboTV Just Bottom Out?

Rick Munarriz2021-04-09

Shares of fuboTV (NYSE:FUBO) finally caught a break on Thursday afternoon. The sports-first live-TV streaming service announced that it had acquired the exclusive live streaming rights to the ...

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精彩评论

JBSIEW
2021-04-12
JBSIEW
Wah!
EVKY
2021-04-11
EVKY
Will buy back at 19
navoyhot
2021-04-11
navoyhot
maybe not
KryZ
2021-04-11
KryZ
Great opportunity for LT as well as swing trade.
mistyzenz
2021-04-11
mistyzenz
buy and take profit
- Andtendo:
  Sounds good
bbjammer
2021-04-11
bbjammer
Good buy
- Ichua:
  Ok

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Terms of the deal weren't announced, but it's interesting to see a small player like fuboTV cement its \"sports-first\" status with unique access to important soccer games. The stock was trading 7% higher in after-hours trading following the news. Image source: Getty Images.Corner kickIt's fitting enough that fuboTV would strike an exclusive deal to cover roughly 70 confederation games that will take place between June and early next year. The streaming service was originally launched as a way to catch legal soccer matches.It's also fair that this is the event that could mark a near-term turnaround for the stock. Shares of fuboTV traded as low as $20.26 on Thursday, its lowest price point since mid-November. How you view Thursday's new low depends a lot on your starting line. The stock has nearly doubled since hitting the market six months ago, and that's good. fuboTV shares have surrendered roughly two-thirds of their pre-holiday peak in mid-December, and that's either bad, or a dinner bell.In terms of fundamentals fuboTV has more than exceeded growth expectations in its brief tenure as a publicly traded investment. Pro forma revenue rose 71% for the third quarter it reported in November, its first since its IPO in early October. It followed that up with another better-than-expected 98% top-line pop for the fourth quarter. Guidance issued earlier this year for the quarter that ended last week sees growth continuing to accelerate with its forecast of 98% to 102% year-over-year revenue growth.Drawing a crowd hasn't been a problem. The 547,880 paid subscribers it had at end of 2020 were 73% more than the accounts it had on its books a year earlier. Viewers are engaged, averaging more than four hours of daily streaming. 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buy back at 19","listText":"Will buy back at 19","text":"Will buy back at 19","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/342902325","repostId":2126080798,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":342043580,"gmtCreate":1618137434240,"gmtModify":1631893631435,"author":{"id":"3549788653484864","authorId":"3549788653484864","name":"navoyhot","avatar":"https://static.tigerbbs.com/8692178649b8135209aa3b327b034334","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3549788653484864","authorIdStr":"3549788653484864"},"htmlText":"maybe not","listText":"maybe not","text":"maybe 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