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Can fuboTV Stock Bounce Back This Week?

TheMotleyFool

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Investors aren't turning off their TVs, but they are shutting off their streaming service stocks. The market's rotating out of the companies that provide on-demand television, and it's hard to find a name that has taken a bigger hit than fuboTV (NYSE: FUBO). The live TV streaming platform has seen its stock plunge 93% since peaking during the holiday season of 2000.

fuboTV traded as high as $62.29 when it began making inroads to add online gambling to its sports-centric streaming service. It's been a losing bet for investors since then, but fuboTV does have another chance to turn heads. The company reports its first-quarter results after Thursday's market close.

Image source: Getty Images.

Source Fool.com

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