FuboTV Inc.
FUBOfuboTV Inc. (FUBO) is a sports-focused streaming service that offers live TV, on-demand content, and cloud-based DVR. Founded in 2015, it provides subscribers with access to a wide range of sports channels, news, and entertainment via internet streaming, aiming to cater to sports fans seeking an alternative to traditional cable television.
Company News
FuboTV, a sports-focused streaming platform trading under $3 per share, is recommended as a potential penny stock investment following its merger with Disney-backed Hulu+ Live TV in October. The merger provides diversification, increased subscribers (6 million in North America), and Disney's 70% backing and expertise. However, the company faces c...
The 137th Rose Parade presented by Honda will air on January 1, 2026, featuring performances by Bishop Briggs, Charlie Worsham, John Foster, Capital Cities, and DEK of Hearts. The parade will be broadcast live on ABC, CNN, Fox, NBC, and other networks, as well as streamed on eight digital platforms including Fubo, Pluto TV, and Samsung TV Plus.
FuboTV's COO Alberto Horihuela sold 138,753 shares for approximately $438,700, primarily to cover taxes from restricted stock unit vesting. The sale does not indicate a loss of confidence in the company, especially after its recent combination with Hulu + Live TV.
Disney reported mixed quarterly earnings with streaming subscriber growth and theme park momentum, but faces challenges with YouTube TV carriage dispute and linear TV performance.
Despite past struggles, AMC Entertainment and FuboTV show potential for market-beating returns. AMC is experiencing rising ticket sales and improving financial metrics, while FuboTV has benefited from a strategic settlement with Disney and an upcoming majority stake acquisition.
