2023-06-10 07:45:00 ET
It's not exactly hyperbole to say fuboTV (NYSE: FUBO) hasn't lived up to the hype. Shares that were once priced at more than $62 in late 2020 are now trading at less than $2. The streaming outfit remains in the red and obviously hasn't upended the conventional cable TV industry.
And yet, there's a bullish case to be made here -- made even stronger by the severity of the stock's implosion.
FuboTV is a cable-TV company, sort of. Rather than delivering its signal through the typical coaxial cable, fuboTV streams cable content via an internet connection. It's a sports-centric service, but its key selling feature is its price. Plans start at $75 per month, and its service largely sidesteps the usual local taxes and fees that otherwise make cable TV less affordable.
For further details see:
fuboTV Stock: Buy, Sell, or Hold?