fuboTV Stock Crashes After Q3 Earnings: Should You Buy Now?
fuboTV (NYSE: FUBO) is a sports-focused streaming service that replaces traditional cable TV. It's for folks who want the big bundle of channels that come with a cable subscription but with the convenience of receiving the content over the internet.
The company is gaining traction with consumers, and growing revenue and subscribers at a rapid rate. fuboTV reported third-quarter earnings results on Nov. 9 that showed more of the same. However, the market was disappointed in what it saw from the young company, and the stock is down 35% since the company announced earnings. Let's look at fuboTV's Q3 earnings and see if the dip is a buying opportunity.
Image source: Getty Images.
Source Fool.com
