3 Big Reasons to Sell fuboTV

Billy Duberstein, The Motley Fool
·5-min read
3 Big Reasons to Sell fuboTV

One of the more controversial stocks in the market is fuboTV (NYSE: FUBO). Investors appear to be grouping the streaming upstart with other successes in the programmatic advertising, over-the-top streaming, and connected-TV space, betting that fuboTV could be the next big winner. While fuboTV just pre-announced impressive 77% to 84% revenue growth, and better-than-expected subscriber growth for the recent fourth quarter, the company still doesn't even make gross profits.