3 Reasons Why Bears Are Wrong About fuboTV Stock
Momentum keeps channel surfing its way to fuboTV (NYSE: FUBO). Shares of the cloud-based live TV platform provider opened sharply higher on Wednesday after the company delivered another blowout quarter.
There's no shortage of skeptics when it comes to pricey live TV streaming services in general or the ascending fuboTV in particular. It remains heavily shorted with 16% of its shares outstanding wrapped up in bearish wagers. fuboTV keeps getting it right with every passing quarter, so let's dive into why the naysayers are on the wrong side of this bet.
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Source Fool.com
