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Why fuboTV Stock Plunged Today

TheMotleyFool

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Shares of sports-streaming platform fuboTV (NYSE: FUBO) plunged on Wednesday, but it wasn't alone -- many other stocks fell, too. While the company had a couple of new filings, these likely weren't substantial enough to account for the stock's outsized decline.

Therefore, chalk this one up to general market volatility. FuboTV stock finished 11% lower for the session.

According to a filing with the Securities and Exchange Commission (SEC) yesterday, fuboTV president Jordan Fiksenbaum has resigned to focus on Pulse Evolution Corporation. Fiksenbaum is the majority owner of Pulse Evolution, so the decision to focus on that makes sense.

Source Fool.com

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