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Why fuboTV Shares Slid Another 12% Today

TheMotleyFool

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Why fuboTV Shares Slid Another 12% Today

Shares of live sports-focused streaming service fuboTV (NYSE: FUBO) have been in a tailspin for the last week, dropping 45% since Dec. 22. That includes today's drop of 12%, as of 2 p.m. EST.

The huge drop came after the stock spiked more than 400% from when the company went public in the first week of October.