Why Is Fubo Stock up 80% in the Last 3 Days?
Naysayers thought fuboTV (NYSE: FUBO) would fumble last week's financial update. It decided to call an audible instead.
Shares of the company behind the namesake sport-centric streaming TV service have soared 80% over the last three trading days. The catalyst was a better-than-expected first-quarter report on Friday morning, but investors had plenty of time to hop on for a ride. The stock has had three days of big gains:
The upticks have understandably cooled. No rally lasts forever. However, now that the premium streaming specialist has momentum on its side, can it find a way to keep the bulls close? Let's take a closer look at fuboTV's surprising pop this month.
Source Fool.com
