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Barchart
Wajeeh Khan

FuboTV Stock Plunges Deep Into Oversold Territory on Reverse Stock Split News. Should You Buy the Dip?

Fubo Stock fuboTV Disney DIS

FuboTV (FUBO) stock plummeted more than 20% on Feb. 3, after the subscription-based streaming service announced plans of a reverse stock split in the range of 1-for-8 to 1-for-12. The selloff that crashed FUBO’s relative strength index (14-day) to about 21 — indicating deeply oversold territory — reflects investor sentiment toward reverse splits, which often signal financial distress. 

Following this plunge, FuboTV shares are down more than 30% versus the start of this year (2026).

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