Streetbeat News

FUBO

fuboTV Inc.

https://www.fubo.tv

Industry

Broadcasting

fuboTV Inc. operates a live TV streaming platform for live sports, news, and entertainment content in the United States and internationally. Its fuboTV platform allows customers to access content through streaming devices, as well as on SmartTVs, computers, mobile phones, and tablets. The company is headquartered in New York, New York.

Open

1.56

Mkt cap

504M

Volume

8.4M

High

1.57

P/E Ratio

-2.22

52-wk high

3.81

Low

1.47

Div yield

N/A

52-wk low

1.10

Fortinet, Inc. (NASDAQ:FTNT) shares surged 9.4% in pre-market trading after reporting Q4 earnings and sales that exceeded analyst expectations, and providing strong 2024 revenue and EPS guidance. Other stocks also showed significant pre-market movements, including notable gainers like MariaDB plc (NYSE:MRDB) and losers such as Snap Inc. (NYSE:SNAP).

Portfolio Pulse from Avi Kapoor

February 07, 2024 | 12:55 pm

Snap Inc. reported mixed Q4 results with a revenue miss and a weak Q1 revenue forecast, leading to a 31.3% drop in pre-market trading. Other stocks like fuboTV, Diversified Energy, New York Community Bancorp, Cognizant, KKR Real Estate Finance Trust, Nyxoah, V.F. Corporation, ePlus, Weibo, and Pinterest also saw pre-market declines due to various factors including earnings reports and credit downgrades.

Portfolio Pulse from Avi Kapoor

February 07, 2024 | 10:13 am

FuboTV (NYSE:FUBO) has seen a 5.35% increase in short percent of float since the last report, with 49.32 million shares sold short, representing 17.33% of available shares. It would take about 5.36 days to cover these short positions based on current trading volume. While high short interest can indicate bearish sentiment, it doesn't necessarily predict a price drop. FuboTV's short interest is significantly higher than its peer group average of 5.60%.

Portfolio Pulse from Benzinga Insights

January 29, 2024 | 3:15 pm

FuboTV Inc (NYSE:FUBO) shares are trading higher after announcing a multi-year distribution agreement with Nexstar Media, covering 89 local TV stations. This follows a recent debt reduction move by FuboTV, where it closed a privately negotiated exchange to reduce its debt by $28.3 million. The company's stock price has risen 2.76% to $2.98.

Portfolio Pulse from Adam Eckert

January 04, 2024 | 1:59 pm

Nexstar Media Group, Inc. (NXST) and FuboTV Inc. (FUBO) have announced a new multi-year distribution agreement. The deal includes 89 Nexstar-owned local TV stations across the U.S. and Nexstar's national cable news network, NewsNation. The stations are affiliated with various networks such as The CW Network, MyNetworkTV, ABC, and some independents. The financial terms of the agreement were not disclosed.