Probably the most significant financial, as opposed to operational, disclosure was the admission that even management now knows it will need to raise considerably more capital than it was expecting. I am going to try to briefly touch on all the key points, but then there's just a couple I want to drill down on. Like most Investor Days, management touched on a lot of things, and covering all of it would be to do justice to none of it. Should investors jump on a stock that is now 40% cheaper than it was a month ago? Or is another visit to $2.50 in FUBO's future? The immediate cause of the spike - in the middle of a bear market, no less - was the fuboTV 2022 Investor Day, at which management offered updates on a number of initiatives and presented a generally upbeat financial forecast. It was trading as low as $2.50 before spiking to $6 mid-August.
fuboTV ( NYSE: FUBO) is back down to $3.70.
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