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Can Fubo TV Survive Its Most Recent Slump?

Can Fubo TV Survive Its Most Recent Slump?

Fubo TV (NYSE: FUBO) was one of the hottest stocks of the 2020-21 pandemic stock market bubble. Shares of the live TV streaming platform went from under $10 in mid-2020 to almost $50 in early 2021 as it became one of the famous "meme" stocks popularized by Reddit traders. Investors have major concerns with Fubo's razor-thin gross margins and substantial operating losses that won't move in the right direction.