|Bid||3.1700 x 27000|
|Ask||3.1800 x 27000|
|Day's range||3.0000 - 3.3800|
|52-week range||2.7600 - 35.1000|
|Beta (5Y monthly)||3.62|
|PE ratio (TTM)||N/A|
|Earnings date||28 Feb 2022 - 04 Mar 2022|
|Forward dividend & yield||N/A (N/A)|
|1y target est||10.36|
(Bloomberg) -- Social media stocks lost more than $135 billion in market value Tuesday after Snap Inc.’s profit warning, adding to woes for a sector that is already reeling from stalling user growth and rate-hike fears. Most Read from BloombergFed Saw Aggressive Hikes Providing Flexibility Later This YearBiden Demands US ‘Stand Up’ to Gun Makers After Texas AttackPlot to Kill George W. Bush in Revenge for Iraq War Was Foiled, FBI SaysStocks Climb in Volatile Session After Fed Minutes: Markets Wr
Here are two things investors should watch to determine whether fuboTV's ad business sinks or soars. In its first-quarter earnings, fuboTV management blamed reduced TV ad spending from consumer product goods (CPG), finance, and technology companies for the poor results. As a result, fuboTV's advertising average revenue per user (ARPU) declined 4.5% year over year in the first quarter of 2022, hurting fuboTV's contribution margin, which the company uses to measure its progress toward profitability.
With worsening losses and increasing competition, this streaming player might not make for the best long-term investment.