$FUBO is shortly approaching make or break territory now.
Below $1 is not where any stock on the US exchange wants to be and they'll be notified that they will have 3 months to get their share price above $1.
Price has been strictly kept down by the 50 Day MA since the start of 2024 and has not been able to find support.
Earnings are due in the middle of August, management need to keep the share price above $1 until then and need to make sure they do provide a positive beat on earnings.
JessyyRabbit
2024-07-31 21:08:08 +0000 UTC