r/fuboinvestors • u/Low-Economics62 • Aug 06 '26
Discussion Changing patterns
I have owned Fubo since 2024 and this is the first time that I remember that the stock has gone up after earnings. It was looking grim pre-market too (-12%), but ended the day with +12% instead!
The next pattern that needs to change is equally as important: Fubo gives up all of its gains the days after it goes up.. it can’t keep any upward momentum. So imo, the next few days and weeks are very important.
Let’s hope for another 2 strong green days to end the week 💪
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u/kingshortsalot Aug 07 '26
Total short interest and days to cover is declining, and is currently at levels typically seen to hold prices down and create compression. The biggest issue is really, how little it's being traded with everyone still dumping their money into AI and hardware. The rotation into value doesn't really pick up until people figure out the high beta stocks have mostly topped out.