Its user-friendly platform allows customers to access its vast array of content via streaming devices and on Smart TVs, mobile phones, tablets, and computers.īut what makes fuboTV truly unique is its ability to cater specifically to sports enthusiasts.
As a sports-first and live TV streaming company, fuboTV provides subscribers with not only access to live sports but also news and entertainment content. Investing in fuboTV, Inc.: The Sports-First, Live TV Streaming OpportunityįuboTV, Inc.: The Sports-First, Live TV Streaming OpportunityĪre you a fan of sports? Do you want to access tens of thousands of live sporting events annually? If so, then fuboTV, Inc. For now though it appears that fuboTV has become very popular among both retail and institutional investors alike who are drawn to its robust sports offering which dovetails neatly with increased demand for live online sports streaming services. It remains to be seen what ramifications these recent activities will have on fuboTV’s long-term outlook and also whether this surge in option trading will lead to further interest from investors or not. Its platform allows customers to access content through various streaming devices such as Smart TVs, mobile phones and tablets as well as computers.
Following this transaction, Horihuela now owns 1,360,718 shares of the company’s stock valued at $1,510,396.98.įuboTV is a sports-first live TV streaming company that offers access to tens of thousands of live sporting events annually along with news and entertainment content. In related news, insider Alberto Horihuela sold 78,564 shares of fuboTV’s stock for $87,206.04 at an average price of $1.11 per share on March 24th. Canada Pension Plan Investment Board recently bought a new position in shares of fuboTV, Bluefin Capital Management LLC purchased a new stake in the company in the second quarter, Pathstone Family Office LLC added a new stake in the third quarter followed by Xponance Inc., while Point72 Hong Kong Ltd purchased a new stake back in Q1. Institutional investors and hedge funds have been adding or reducing their stakes in the business over the past few quarters. However, this surge in stock trading wasn’t the only recent activity relating to fuboTV.
This surge in put options amounted to an increase of approximately 161% compared to the average daily volume of 30,853 put options. (NYSE:FUBO) experienced some unusual options trading activity, with stock traders acquiring a whopping 80,521 put options on the company.
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