In hindsight, the meteoric rally that fuboTV (NYSE: FUBO) shares dished out back in 2020 was too much, too fast. The proof? The stock's now sitting 96% below its late-2020 high.

Just as the bulls were too overzealous then, however, the bears have arguably overshot their target in the meantime. And that ultimately spells opportunity for growth-seeking investors with appetites for a little risk. The young company (and even younger stock) are now near the end of the usual post-public-offering volatility; the wind-down of the COVID-19 pandemic is a factor, too.

With this dust finally settling, the shares should begin more reliably reflecting how well fuboTV is capitalizing on its unique offering.

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Source Fool.com