Why Is FuboTV (FUBO) Stock Up？

FuboTV(FUBO) stock is gaining after announcing a new executive.
The company is also preparing for its first investor day.
All of this news has shares of FUBO stock seeing heavy trading on Tuesday.

Source: Burdun Iliya / Shutterstock.com

FuboTV(NYSE:FUBO) stock is rising higher on Tuesday after the company announced anupdate to its leadership team.

According to a press release, Lynette Kaylor is taking over as the company’s Senior Vice President for advertising sales. This change will see Kaylor reporting directly to cofounder and CEO David Gandler.

Kaylor said the following about moving into the new FuboTV role:

“I believe in Fubo’s mission to create an interactive entertainment experience that positions the company to appeal to sports fans and advertisers alike. As an avid sports fan myself, I’m beaming at the opportunity to join the leading sports streamer during a time of pivotal growth and take FuboTV’s advertising sales to the next level.”

Investors should also note that FuboTV is preparing to hold itsfirst investor meetinglater today. The event is set to last from 2:30 p.m. to 5:30 p.m. Eastern and will include an in-person meeting in New York City as well as virtual attendance.

The upcoming investor meeting is putting anextra spotlight on FUBO stocktoday. With that comes heavy trading; some 75 million shares have changed hands as of this writing. For comparison, the company’s daily average trading volume is closer to 12 million shares.

$fuboTV Inc.(FUBO)$

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Comments

LeongSS
2022-08-18
LeongSS
thanks for the info. keep it up
Aaaaaaaaaaas
2022-08-18
Aaaaaaaaaaas
[Cool]
ETQ
2022-08-18
ETQ
Great
Justim
2022-08-18
Justim
👌
He Man
2022-08-18
He Man
thk
Potatoclown
2022-08-18
Potatoclown
✨✨

Leave a comment

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As an avid sports fan myself, I’m beaming at the opportunity to join the leading sports streamer during a time of pivotal growth and take FuboTV’s advertising sales to the next level.” Investors should also note that FuboTV is preparing to hold itsfirst investor meetinglater today. The event is set to last from 2:30 p.m. to 5:30 p.m. Eastern and will include an in-person meeting in New York City as well as virtual attendance. The upcoming investor meeting is putting anextra spotlight on FUBO stocktoday. With that comes heavy trading; some 75 million shares have changed hands as of this writing. 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