Did fuboTV Stock Finally Bottom Out This Time?
The timing couldn't be better for fuboTV (NYSE: FUBO) to finally put on a winning game face. The live TV streaming provider posted blowout financial results after Tuesday's market close. The stock had hit a six-month low earlier in the trading day.
Coming through with its third consecutive quarter of accelerating year-over-year top-line growth since going public late last year, fuboTV was full of positive surprises. A historic sequential increase in subscribers during a seasonally sleepy quarter. A big boost to its full-year guidance. FuboTV had a lot to prove heading into this critical financial update, and it delivered.
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Source Fool.com
