fuboTV Stock Hits Day Low of $3.23 Amid Price Pressure
fuboTV, Inc. saw its stock price decline significantly today, contrasting with a modest gain in the S&P 500. Despite recent short-term losses, the company has experienced substantial growth over the past year and year-to-date, with a notable market capitalization and strong institutional interest.
fuboTV, Inc. experienced a significant decline today, with its stock price dropping by 8.47% to reach an intraday low of USD 3.23. This performance contrasts sharply with the S&P 500, which saw a modest gain of 0.26% on the same day. Over the past week, fuboTV has decreased by 3.35%, and its monthly performance reflects a more substantial decline of 12.63%. Despite these short-term fluctuations, fuboTV has shown remarkable growth over the past year, boasting a return of 127.63%, significantly outperforming the S&P 500's 19.89% increase. Year-to-date, the company has achieved an impressive 174.6% return, indicating a strong performance relative to broader market trends.
The company's market capitalization stands at USD 1,412 million, categorizing it as a small-cap stock within the Computers - Software & Consulting industry. With high institutional holdings at 42.8%, fuboTV continues to attract attention from larger investors, reflecting confidence in its fundamentals despite recent price movements.
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