Ahead of Fubos May 5 earnings call it seems investors are preparing for near universal subscriber drops. Why Parkev Tatevosian owns shares of Walt Disney. With degrees in economics and journalism, Shrey Dua leverages his ample experience in media and reporting to contribute well-informed articles covering everything from financial regulation and the electric vehicle industry to the housing market and monetary policy. With fuboTV's losses continuing, investors are perhaps foreseeing that the company might need to sell yet more shares to sustain this level of growth. All rights reserved. The sports streaming substitute for cable TV is gaining traction with consumers, but that's not the problem for investors. FuboTV stock sank more than 20% after the company posted a bigger loss than expected. See what's happening in the market right now with MarketBeat's real-time news feed. FuboTV lost 74 cents a share on sales of $156.7 million in the third quarter. As a result, fuboTV had $398.5 million in cash at the end of its third quarter. Investors who already purchased fubo stock, or those who are looking into it after the recent drop, should read the short report. Netflix reported losing 200,000 customers in the first quarter, marking the first time the company reported a net loss since 2011. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week. 2023 InvestorPlace Media, LLC. According to analysts' consensus price target of $4.85, fuboTV has a forecasted upside of 325.4% from its current price of $1.14. fuboTV has only been the subject of 3 research reports in the past 90 days. fuboTV, Inc. operates as a sports-first, live TV streaming company. Simply Wall St. Great news for fuboTV Inc. (NYSE:FUBO): Insiders The Motley Fool has a disclosure policy. Fubo is our other recommendation here because it has a ton of sports coverage, and all three of the above channels. After the quarter ended, FuboTV crossed the milestone of 1 million subscribers. Good News for Fubo Stock: Alphabet Raising Prices on YouTubeTV, Why I Refuse to Chase the Maximum Social Security Benefit, U.S. Money Supply Is Doing Something It Hasn't Done in 90 Years, and It May Signal a Big Move for Stocks, Social Security Cuts May Be Coming. That's nearly twice as much as the $72 million it lost in the same time last year. Authors may own the stocks they discuss. It's always beneficial to see both sides of an argument about an investment.

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