Almost 2 Years Ago
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FUBO is making big moves today. Find out why the stock is trading 8% higher:
fuboTV Inc. (FUBO) is trading 8% higher at $3.75 today.
- Ryan Reynolds' production company Maximum Effort announced a multi-year partnership with FuboTV Inc. (FUBO) Monday
- Launch of Maximum Effort Network, a linear channel on FuboTV and includes a blind scripted deal
- All advertising sales for the Maximum Effort channel will be managed by FuboTV as part of the deal
- "Maximum Effort’s mission is to bring people together in fun and unexpected ways and we think today’s announcement with Fubo will help do just that," Reynolds said
- FUBO praised move as a way to improve the advertising potential for Maximum Effort and increase marketing relationships."
fuboTV Inc. has been trading between a 52-week high of $35.1 and a 52-week low of $2.32. The stock has a market cap of $694 Million.
fuboTV (NYSE: FUBO) is the leading sports-first live TV streaming platform offering subscribers access to tens of thousands of live sporting events annually as well as leading news and entertainment content. With fuboTV's base plan, subscribers can stream a broad mix of 100+ live channels, including 43 of the top 50 Nielsen-ranked networks across sports, news and entertainment (Primetime A18-49), with the option to add dozens of additional networks. Continually innovating to give subscribers a premium viewing experience they can't find with cable TV, fuboTV is regularly first-to-market with new product features and was the first virtual MVPD to stream in 4K.
Headlines
Did Ryan Reynolds Cause A 10% Jump In This Streaming Company''s Stock?
Benzinga 08-08-22
fuboTV Inc. (FUBO) Suffers From Weak Fundamental Momentum
Marketing Sentinel 08-08-22
Ryan Reynolds’ Maximum Effort Gets $10 Million in FuboTV Shares Under First-Look Production Pact
Variety 08-08-22
FuboTV jumps 13% off unscripted TV deal with Ryan Reynolds (NYSE:FUBO)
Seeking Alpha 08-08-22
Ryan Reynolds’ Maximum Effort Productions, FuboTV Enter Into Multi-Year, Multi-Pronged Partnership, Including First-Look Unscripted Deal
Business Wire 08-08-22
As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:
Myboywear - 10 upvotes - source
Trump got raided an hour ago, BBBY up 20% after hours, UPST got halted before earnings, Trump playing oblivious victim after raid, Tesla passed FSD Beta a few minutes ago, futures green as fuck, AMC & GME both got halted this morning, Beyoncé’s album only did 300k first week, Ezra Miller arrested about 4 hours ago (yes again🙄), Ryan Reynolds’s is partnering with FUBO, Olivia Newton John died today, a new season of the bachelorette is airing tonight on ABC, Sonic movie 3 in production, releases December 2024, Also SPY 420 LFG!!
TheFlyingDingos - 10 upvotes - source
Fubo sucks as a product. Had to get rid of it after a month. I’m all in
Reddit_is_terribl3 - 8 upvotes - source
I got some gme off screen. The fubo was for my buddy. He told me to get some since I had $60 left 🥰
AwayCantaloupe - 4 upvotes - source
FUBO-ut damn time. I bet they get acquired by Draft Kings or something. 🙀🚀🪙
Silver-Army8586 - 3 upvotes - source
Fubo squeeze on or what?
renedotmac - 3 upvotes - source
FUBO made me a lot of money, but then it lost me money too. I’m in
20Barnum20 - 3 upvotes - source
Took my retard meme profits and stashed most of them on the sidelines. With the rest - grabbed some FUBO 4.5c. I think it’s gonna continue popping.
Rock-it-again - 3 upvotes - source
Wtf is a FUBO?
Due-Pop-3153 - 2 upvotes - source
https://www.urbandictionary.com/define.php?term=FUBO
Middle_Pomegranate84 - 2 upvotes - source
Anyone have FUBO on ther squeeze list? 34% short float.. trading under $4.. beat estimates ?
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