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2 Reasons fuboTV Could Be a Bad Bet in the Current Market

TheMotleyFool

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2 Reasons fuboTV Could Be a Bad Bet in the Current Market: https://g.foolcdn.com/editorial/images/695509/gettyimages-951684148.jpg

FuboTV (NYSE: FUBO) went public in October 2020 with great ideas about the direction in which it wanted to take livestreaming TV. But it will take significant investment to bring its ideas about interactive TV and sports wagering to life.

Unfortunately for the company, a terrible economy makes investing in its best ideas difficult. In addition, a significant sell-off of its stock has investors questioning whether the company will ever realize its promise.

Here are two reasons investors should continue to be cautious about fuboTV in the current market.

Source Fool.com

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