Down Nearly 50% This Year, Is fuboTV Stock a Bargain Buy Right Now?

11.12.24 15:00 Uhr

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While the stock market has been doing incredibly well this year, one company that has continued to struggle is fuboTV (NYSE: FUBO). The sports streaming provider faces intense competition and is unprofitable, making investors hesitant to take a chance on it. The stock is currently down about 47% since the start of the year.But with the company recently locking up some promising agreements -- and with the stock trading at a modest valuation -- could this prove to be a bargain buy in a few years as fuboTV expands its operations?The name of the game in the streaming world is agreements: the more of them a streaming company has, the more exclusive opportunities it can take advantage of, which can potentially lead to more customers signing up for its services.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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