FUBO - 1 Beaten-Down Stock Under $5 to Consider
2023-10-26 08:15:00 ET
Sports-focused streaming service fuboTV (NYSE: FUBO) went public in 2020, when people stuck at home had little else to do but entertain themselves. Predictably, the company's shares soared in the months following its IPO, but it's been pretty much downhill since. fuboTV has lost nearly 80% of its value in the past three years.
As of this writing, fuboTV's shares are changing hands for just $2.37 apiece. However, that doesn't mean it is worth investing in the stock at current levels. Here's the question that should be on investors' minds: Can fuboTV bounce back? Let's find out.
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1 Beaten-Down Stock Under $5 to Consider