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fuboTV Inc. ($FUBO) Stock Forecast: Down 13.1% Today

Morpher AI identified a bearish signal. The stock price may continue to fall based on the momentum of the negative news.

What is fuboTV Inc.?

FuboTV (NYSE: FUBO) is a streaming television service that offers a mix of live sports, news, and entertainment content. The company has been gaining popularity among cord-cutters and sports enthusiasts.

Why is fuboTV Inc. going down?

FUBO stock is down 13.1% on Jan 8, 2025 15:13

  • 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.

FUBO Price Chart

FUBO Technical Analysis

FUBO News

AVITA Medical, Quantum Computing And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session - IonQ ( NYSE:IONQ ) , FuboTV ( NYSE:FUBO )

U.S. stock futures were slightly lower this morning, with the Dow futures falling around 0.1% on Wednesday. Shares of AVITA Medical, Inc RCEL fell sharply in today's pre-market trading after the company cut its fourth-quarter commercial revenue guidance and delayed expectations for GAAP ...

https://www.benzinga.com/trading-ideas/movers/25/01/42872060/avita-medical-quantum-computing-and-other-big-stocks-moving-lower-in-wednesdays-pre-market-s

0 News Article Image AVITA Medical, Quantum Computing And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session - IonQ  ( NYSE:IONQ ) , FuboTV  ( NYSE:FUBO )

Fubo Gets 'Fairy Tale Outcome': Analyst Says Disney Deal Lowers Risks, Overhang On Stock - FuboTV ( NYSE:FUBO )

Fubotv Inc FUBO can enjoy cost savings, eliminate litigation overhang and have better scale after signing a deal with Walt Disney Co DIS earlier this week. Fubo Impact: Roth MKM analyst Darren Aftahi calls the Disney tie-up a potential "fairy tale outcome" for Fubo that could help the company ...

https://www.benzinga.com/general/entertainment/25/01/42857294/fubo-gets-fairy-tale-outcome-analyst-says-disney-deal-lowers-risks-overhang-on-stock

1 News Article Image Fubo Gets 'Fairy Tale Outcome': Analyst Says Disney Deal Lowers Risks, Overhang On Stock - FuboTV  ( NYSE:FUBO )

Company News for Jan 7, 2025

Companies In The News Are: DIS, FUBO, CMC, PYCR, PAYX, TSLA.

https://www.zacks.com/stock/news/2392566/company-news-for-jan-7-2025

2 Missing News Article Image Company News for Jan 7, 2025

Fubotv ( FUBO ) technical analysis - FuboTV ( NYSE:FUBO )

Fubotv Inc FUBO shares are moving higher Thursday. After becoming oversold, the recent downtrend may have ended. A new uptrend may be forming. Our team of technical analysts has made it our Stock of the Day. The term oversold refers to a stock's momentum.

https://www.benzinga.com/general/entertainment/25/01/42773440/stock-of-the-day-is-the-fubotv-sell-off-over

3 News Article Image Fubotv  ( FUBO )  technical analysis - FuboTV  ( NYSE:FUBO )

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.

20.07.2024 - FUBO Stock was down 11.7%

  • FUBO stock dropped significantly following a key injunction win against major streaming giants such as Walt Disney, Fox News, and Warner Bros. The unexpected legal success may have raised concerns about future partnerships and revenue streams for the company.
  • Investor uncertainty and skepticism may have been exacerbated by the CEO's remarks regarding the sidelined Venu joint-venture, contributing to the bearish market activity.
  • Despite the positive development of securing a preliminary injunction against Venu Sports, the market's response appears to have been overshadowed by other factors, resulting in a notable decline in FUBO stock.
  • The market's overall sentiment towards FUBO could have been impacted by broader market dynamics and investor responses to news concerning competitors like Disney, Fox, and Warner Bros.

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.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.