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Why FuboTV's Stock Is Flying Higher

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Benzinga
Benzinga
 2021-06-21
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When FuboTV Inc (NYSE:FUBO) printed its first-quarter 2021 earnings back on May 11, the company raised its guidance for the full year and its stock made a bullish reversal. The streaming service, known for hosting live sporting events, had been trading in a steep downtrend since making an all-time high of $57.47 on Jan. 27 and its earnings report finally marked the bottom at the $14.64 mark.

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