FuboTV Reverse Stock Split Sends FUBO Lower, Puts Future Share Issuance in Focus
FuboTV’s 1-for-12 reverse stock split is now in place, and so far, investors are unimpressed. Shares, split-adjusted, dropped from $13.20 on March 23 to $10.85 by March 25. That’s roughly a 17.8% slide across two sessions, market data shows.