FuboTV Stock Is Down 97% From Its Peak, but It's Still Not a Buy
FUBOfuboTV(FUBO) The Motley Fool·2024-09-05 18:20

There are too many risks and downsides to seriously consider the stock.FuboTV (FUBO 4.85%) has established itself as a leading streaming service for live sports. The company has racked up nearly 1.5 million subscribers in North America, with each paying 85.69permonthonaverage,alongwithanother0.4millionlower−valuesubscribersaroundtheworld.Onethingthecompanyhasfailedtodo,though,isfigureouthowtoturnaprofit.On85.69 per month on average, along with another 0.4 million lower-value subscribers around the world.One thing the company has failed to do, though, is figure out how to turn a profit. On 391 million in revenue during the second quarter of 2024, FuboTV repo ...