In recent news, FuboTV (NYSE:FUBO), a sports-focused subscription video on demand (SVOD) service, has seen its stock price surge by an impressive 97% from its 52-week low of $0.96 to $2.49 as of Friday. This significant increase is largely due to the company's strong growth and ambitious future targets, including its aim to achieve positive cash flow by Fiscal Year 2025.
Here is how fuboTV Inc. (FUBO) and Royal Caribbean (RCL) have performed compared to their sector so far this year.
Radio and television broadcast companies, Warner Bros. Discovery (WBD), Fox Corporation (FOXA) and fuboTV (FUBO), benefit from higher content consumption and steady digital viewing despite intense competition for ad revenues.