While there several reasons as to why these rises in share price might have happened, the most recent instance of fuboTV stock going up seems to be credited to two main things: the meme stock market, and fuboTV’s newly announced improvements set to be made to the streamer’s interface. Over the past twelve months or so, fuboTV share price has been on a pretty steady rise with a handful of peaks in December of 2020, January of 2021, and June of 2021. Has this resulted in fuboTV stock being overvalued? Let’s look at the numbers. There are all sorts of different services providing live TV packages or add-ons these days, but one of the most notable examples is fuboTV.įounded in 2015, fuboTV has become a highly sought after service for its focus on live sports channels such as ABC, CBS, FOX, ESPN, and any other sort of channel that can provide viewers access to NFL, NBA, MLB, and NHL games at a much cheaper price than cable.Īll of this attention on fuboTV - especially in light of all the playoff games as of late, not to mention the highly anticipated return the Olympics - has resulted in some interesting stock market behavior for fuboTV shares. This is especially true of those streamers that can provide users with the same kinds of live TV channels as cable but at a fraction of the cost. As more and more people join the already countless number of individuals who have cut cable in recent years in favor of much more affordable and convenient streaming services, it only makes sense to see those streaming services become more valuable as a result.

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