fuboTV Inc. ($FUBO) Stock Forecast: Down 9.4% Today

What is fuboTV Inc.?

FuboTV, listed on NYSE as FUBO, is a company providing live sports and entertainment content through its streaming service. The tech and telecom sector is perceived positively by the market, showing potential for significant growth.

Why is fuboTV Inc. going down?

FUBO stock is down 9.4% on Jan 15, 2025 14:46

• FUBO observed a significant decline in its market value despite being identified as a top-performing tech stock with high growth potential.
• Recent discussions on oversold stocks in the communication services industry have raised some concerns among investors regarding FUBO's current price evaluation.
• References to the Relative Strength Index (RSI) as a momentum indicator may have influenced traders to divest FUBO stocks due to perceived weakness in stock strength relative to price movements.

FUBO Price Chart

FUBO Technical Analysis

FUBO News

Top 3 Tech And Telecom Stocks That May Explode This Quarter - FuboTV ( NYSE:FUBO ) , Walt Disney ( NYSE:DIS )

The most oversold stocks in the communication services sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down.

https://www.benzinga.com/25/01/42997542/top-3-tech-and-telecom-stocks-that-may-explode-this-quarter

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fuboTV Inc. Price History

22.07.2024 - FUBO Stock was up 5.1%

• FUBO stock saw a significant increase following a key legal victory against Venu Sports, a competitor, which decreased risk perception and boosted investor confidence.
• Positive market reactions to the injunction win suggest that FUBO's strategic decisions are resonating well with investors.
• The CEO's statements on consumer choice in the joint-venture with Venu struck a chord with investors, showcasing FUBO's consumer-centric approach and potential to attract more users.
• Today's market movements for FUBO are influenced by these legal triumphs and the company's proactive positioning in the competitive streaming industry, solidifying its position as a key player in the market.

30.08.2024 - FUBO Stock was down 5.9%

• FUBO recently introduced a new Multiview feature on select Roku devices, but this did not result in a stock price increase.
• The market may have had higher expectations regarding the impact of this new feature on the stock.
• The decrease in FUBO stock value could be attributed to traders taking profits after benefiting from the stock's previous upward trend.
• External factors or market conditions may have played a role in overshadowing the positive news, leading to the stock's decline.

01.10.2024 - FUBO Stock was down 12.5%

• Strong earnings, sales growth, and a rise in subscribers were reported.
• However, the stock faced a bearish trend.
• The market reaction could stem from investors taking profits following a premarket surge.
• There may have been higher growth expectations, prompting a sell-off despite positive results.
• The stock's decline could also be influenced by general market conditions or sector-related issues impacting FUBO.

23.07.2024 - FUBO Stock was up 5.3%

• FuboTV's bullish movement today can be attributed to the launch of BKFC TV, the first free ad-supported streaming TV channel from Bare Knuckle Fighting Championship. This move is likely to attract more combat sports fans to the platform, increasing its user base and revenue potential.
• The reduced risk assessment from Roth/MKM could have also positively influenced investor sentiment towards FuboTV, contributing to the bullish market movement.
• Winning a crucial injunction against major streaming giants like Walt Disney, Fox News, and Warner Bros might have boosted investor confidence in FuboTV's competitive position in the streaming industry, leading to increased buying interest in the stock.
• The CEO's comments on the Venu joint-venture and the injunction outcome might have provided further clarity and reassurance to investors, reinforcing their positive outlook on FuboTV's growth prospects.

07.00.2025 - FUBO Stock was up 7.7%

• A recent partnership with Walt Disney Co (DIS) has reduced risks for FUBO stock, offering cost savings and improved scale.
• Analysis indicates that FUBO shares, previously oversold, have now reversed the downtrend, showing signs of a new uptrend.
• The optimism surrounding the Disney deal and positive technical signals pointing towards a potential uptrend likely influenced the bullish movement observed in FUBO stock today.

07.00.2025 - FUBO Stock was up 74.1%

• FUBO stock showed a strong bullish trend, indicating a possible shift from a recent downtrend to a new uptrend.
• Technical analysis suggests that FUBO shares were oversold, leading to a shift in momentum in favor of the stock.
• The positive movement in FUBO's stock may be linked to growing investor confidence in its streaming services and expansion opportunities.
• The bullish sentiment surrounding FUBO could have been influenced by favorable market conditions and optimistic investor attitudes.

27.11.2024 - FUBO Stock was down 5.1%

• FUBO stock experienced a strong bearish movement likely due to TelevisaUnivision pulling its programming from the platform over pricing and bundling disputes.
• The market reacted negatively to the uncertainty surrounding FUBO's Spanish-language content offerings, leading to a decline in the stock price.
• Investors may be concerned about the potential impact on FUBO's subscriber base and revenue streams as a result of this dispute with TelevisaUnivision.

02.00.2025 - FUBO Stock was up 6.5%

• FUBO stock saw a significant bullish surge, possibly indicating the halt of a recent downward trend and the emergence of a new upward trend.
• Technical analysis indicates that FUBO shares were oversold, resulting in a shift in momentum favoring the stock.
• The optimistic market shift may be due to revived investor enthusiasm in FuboTV's streaming services and the company's potential for market share growth.

13.08.2024 - FUBO Stock was up 5.1%

• The recent increase in FUBO stock price is possibly due to investors' positive outlook on the upcoming trial involving Fox, Warner, and Disney.
• If successful in the lawsuit, FuboTV could strengthen its position in the streaming market and attract a larger subscriber base.
• This legal development likely enhanced investor trust in FuboTV's competencies to overcome obstacles and effectively compete in the streaming sector, contributing to the recent bullish market trend.

08.00.2025 - FUBO Stock was down 13.1%

• FuboTV (FUBO) experienced a strong bearish movement today.
• The stock fell as U.S. stock futures were slightly lower, with the overall market sentiment being negative.
• Comments on the Disney deal lowering risks and overhang on the stock did not seem to have an immediate positive impact on FUBO's performance.
• Technical analysis suggesting a recent downtrend may have ended and a new uptrend forming could indicate a potential reversal in the stock's movement in the near future.

11.11.2024 - FUBO Stock was down 5.3%

• FUBO shares have declined by 46% since the beginning of the year, signaling a tough period for the stock.
• Despite contending with rivals and legal issues, FuboTV displays promise through high streaming demand and unique services.
• The downturn in the market might be linked to investor worries about the company's capacity to handle competition and legal barriers, notwithstanding its encouraging growth potential in the streaming sector.

15.00.2025 - FUBO Stock was down 9.4%

• FUBO observed a significant decline in its market value despite being identified as a top-performing tech stock with high growth potential.
• Recent discussions on oversold stocks in the communication services industry have raised some concerns among investors regarding FUBO's current price evaluation.
• References to the Relative Strength Index (RSI) as a momentum indicator may have influenced traders to divest FUBO stocks due to perceived weakness in stock strength relative to price movements.