![]() Nearly two years ago, Fubo TV was trading north of $48 a share. The milestone continued a monumental downturn for Fubo TV after it attracted sizable attention among social media users during the coronavirus pandemic a few years ago, a time when the company enjoyed status as a so-called “meme stock” that saw unwarranted gains at GameStop, AMC Theaters and other organizations. The per-share price of streaming television service Fubo TV dipped below $1 for the first time in the company’s history on Monday, a sign that investors continue to express skepticism over the long-term viability of the sports-centric media brand. ![]() (Photo via LinkedIn, Graphic by The Desk) The logo of Fubo TV appears on the marquee outside the Times Square studios of ABC television in New York City.
0 Comments
Leave a Reply. |