Ringleader Netflix (NASDAQ: NFLX) led the charge, losing nearly 22% following alarming news regarding its probable subscriber growth. Shares of fellow streaming industry cohort Roku (NASDAQ: ROKU) tumbled more than 9% as well on Friday, however, as investors extrapolated Netflix's news.
Last week, fuboTV (FUBO) released Q4 preliminary revenue and subscriber metrics which once again beat prior guidance, keeping the growth story very much intact. However, as has been evidenced by the huge share price decline throughout the past year, the exceptional growth will matter little to investors so long as the company keeps on posting huge losses. So, the onus is on FUBO to prove that it cannot only grow at a rapid pace but that it can also show it will be able to turn a profit eventuall
The Professional Fighters League (PFL), the fastest growing and most innovative sports league, today announced that the PFL Challenger Series will continue from Universal Studios in Orlando, FL on Friday, February 25 at 9 p.m. ET with welterweight action. The PFL Challenger Series airs live exclusively for fuboTV subscribers on Fubo Sports Network the live TV network from sports-first live TV streaming platform fuboTV Inc. (NYSE: FUBO).