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February 27, 2024
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FuboTV Adoption is at an All-Time High…Could it Squeeze again? (FUBO)

October 8, 2021

FuboTV Adoption is at an All-Time High…Could it Squeeze again? (FUBO)

FuboTV ($FUBO), a sports-focused OTT streaming provider, has become a borderline Meme Stock, with consistently high levels of short interest and violent share price fluctuations.
Unlike many companies championed by WallStreetbets traders, FUBO has a strong underlying business model, and LikeFolio data shows that it’s growing faster than ever. Consumer Mentions of subscribing to or watching content using FuboTV are at an all-time high, up +90% QoQ and +119% YoY on a 90-day moving average.

FUBO’s underlying consumer Mentions have demonstrated strength throughout 2021, strength which has borne out in impressive revenue growth.
Additionally, FUBO has plans to launch a sports betting platform, a promising addition considering its sports-focused content offerings. (Read more about Fubo Gaming: here)

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LikeFolio analyzes social media data to accurately predict shifts in consumer behavior. We sell data and insights to professional investors, corporate research teams, and software providers.

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