FuboTV shares are trading higher after the company reported better-than-expected Q4 earnings and FY24 revenue outlook.
Portfolio Pulse from Benzinga Newsdesk
FuboTV shares surged following the announcement of their Q4 earnings and FY24 revenue outlook, both exceeding expectations.
March 01, 2024 | 12:40 pm
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FuboTV's shares experienced a significant increase after the company reported Q4 earnings and FY24 revenue outlook that surpassed analysts' expectations.
The positive earnings report and optimistic revenue outlook for FY24 directly impact investor sentiment and stock price. Given the better-than-expected results, investors are likely to view FuboTV more favorably in the short term, leading to an increase in stock price.
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