NEW YORK, August 15, 2022--FuboTV Inc. (NYSE: FUBO), the leading sports-first live TV streaming platform, announced today that Lynette Kaylor has been appointed senior vice president, advertising sales. Effective next week, the veteran programmatic and agency executive will be based in New York City and Denver, and report directly to David Gandler, co-founder and CEO.
Meme stocks have been unpleasant investments in this bear market. Take live-TV streaming company fuboTV (NYSE: FUBO), for example. Will fuboTV finally begin its journey of share price rehabilitation?
Shares of meme stocks AMC Entertainment Holdings (NYSE: AMC), fuboTV (NYSE: FUBO), and SmileDirectClub (NASDAQ: SDC) were big winners this week. Big bounces can happen when your stock has been beaten down and is heavily shorted, as these three were. SmileDirectClub is down 74%, with 21% of its shares sold short.