One of the more controversial stocks in the market is fuboTV (NYSE:FUBO). Since going public at $10 in October, the sports-focused virtual MVPD (for “multichannel video programming distributor”) soared as high as $62 in December before dropping back to the $30 level today.
Clearly, it has caught the attention of growth investors with its impressive top-line and subscriber gains in the latter part of 2020. Investors appear to be grouping the streaming upstart with other successes in the programmatic advertising, over-the-top streaming, and connected-TV space, betting that fuboTV could be the next big winner.
But with the stock price having now tripled, there …
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