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Mangeet Kaur Bouns

1 F-Rated Stock to Sell or Avoid Until Further Notice

Fubo Mangeet Kaur BounsMangeet Environment

TV streaming platform operator for live sports, news, and entertainment content, fuboTV Inc. (FUBO), delivered record annual revenue and subscribers across its global business. But the company struggles to survive the challenging macro environment and continues to incur huge losses. Besides that, I will explain many other reasons why I am extremely bearish on this stock.

For the fourth quarter of fiscal 2022, FUBO’s revenue increased 36% year-over-year to $312.10 million in North America (NA) and 380% year-over-year to $7.2 million in the Rest of the World (ROW). Also, the company’s subscribers rose 29% year-over-year to 1,445,000 in NA and 117% year-over-year to 420,000 in ROW.

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