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Why fuboTV Fell Almost 10% This Week

·2 min read
Why fuboTV Fell Almost 10% This Week
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Shares of fuboTV (NYSE: FUBO) ended the week down 9.9%, but it could have been much worse for the livestreaming sports TV platform, as shares had been down nearly 15% at one point. It is the fourth state fuboTV is expected to enter when it launches Fubo Sportsbook in the fourth quarter. Although fuboTV has proved to be very successful with its sports programming, the livestreaming is looking to amp up the opportunity by cashing in on the growing sports betting phenomenon.