NGMS - Earnings drive CuriosityStream fuboTV to week's Communications gainers
Earnings season has largely faded to a close in the Communications Services sector, but for better or worse that's still the news that's driving the group's weekly top gainers and losers. Overall, the sector was in the middle of the pack for the week with a 0.74% gain overall - not as good as Materials, which rose 2.7% as a group for the week, but better than Energy, down 0.8% as a sector. And the top gainer (among small-cap stocks and larger) was CuriosityStream (NASDAQ:CURI), up 18% almost entirely off its Wednesday move following Tuesday earnings where the company topped revenue expectations and indicated its paying subscriber count was up 40% year-over-year. It also guided for full-year revenue growth of 80%. Also joining top gainers off earnings was fuboTV (NYSE:FUBO), up 10% for the week. Shares rose 11.1% on Wednesday after a report full of metrics up by 100% or more, and
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Earnings drive CuriosityStream, fuboTV to week's Communications gainers