New York, June 26, 2026, 19:02 EDT
- FuboTV Inc. NYSE:FUBO finished the session up 22.5% at $9.91. Shares slipped 1.3% to $9.78 after the bell.
- New public short-interest figures put shorted shares at 6.92 million, making up roughly 25% of float.
- About 55% of reported short interest traded on Friday, but that doesn’t prove covering.
- The S&P 500 (INDEXSP:.INX) slipped 0.05%. The Nasdaq Composite (INDEXNASDAQ:.IXIC) dropped 0.24%.
FuboTV Inc. NYSE:FUBO surged 22.5% Friday, snapping back after hitting a 52-week low just the day before.
The stock started at $7.99 and finished regular trading at $9.91, just shy of the session high at $9.92. Trading was busy, with 3.82 million shares changing hands—double the 65-day average of 1.90 million. Shares slipped to $9.78 in after-hours at 6:59 p.m. EDT, off 1.3% from the close. The 52-week range shows a low of $7.95 and a high of $56.64. With this close, the stock remains 82.5% below its peak from September. The Wall Street Journal
For investors, the key figure isn’t only the one-day move. The real focus is what the short-interest looks like during it.
FINRA’s calendar for 2026 listed June 25 as the publication date for June 15 short-interest data. On MarketBeat, Fubo’s short interest on June 15 stood at 6,916,423 shares, or 24.81% of the float. Days to cover came in at 4.8. Friday’s trading volume reached about 55% of that short interest figure. That number doesn’t show how much short interest actually shifted Friday, as volume reflects all trading. Still, it illustrates the scale of the pressure point. FINRA MarketBeat
Stocks finished weak. The S&P 500 lost 0.05%, the Nasdaq dropped 0.24%, and the Dow Jones Industrial Average (INDEXDJX:.DJI) closed down 0.09%. David Stubbs, chief investment strategist at AlphaCore Wealth Advisory, told Reuters that in tech, “the questions around profitability and the capex story are certainly not going away.” Reuters
The NYSE traded a normal schedule Friday. According to the exchange’s 2026 holiday calendar, Juneteenth will be June 19 and Independence Day observance set for July 3, not June 26. New York Stock Exchange
The gap among sell-side analysts didn’t close after the rally. According to WSJ/FactSet data, Fubo had eight Buys, two Holds, no Sells, and a $17 median price target. That was 72% above where shares finished on Friday. The lowest target out there was $12—still 21% higher than Friday’s close. The Wall Street Journal
Fubo’s outlook is built on its deal with The Walt Disney Company NYSE:DIS after the Hulu + Live TV merger. In May, Fubo kept its pro forma adjusted EBITDA forecast for fiscal 2026 at $80 million to $100 million, and is still aiming for at least $300 million in adjusted EBITDA for fiscal 2028. CEO David Gandler said the quarter brought “record revenue of $1.6 billion globally” and said Fubo is “making progress on multiple new integrations with Disney.” Fubo Investor Relations
Content carriage is what moves Fubo short-term. Fubo said on June 10 it had a new deal with NBCUniversal. The same day, Telemundo and Universo went live, with NBC Sports Network, RSNs and FAST channels still to come over the next few weeks. Todd Mathers, Fubo’s EVP for content strategy and acquisition, called it the “return of NBCUniversal networks to Fubo.” Fubo Investor Relations
Big volume has made the next sessions harder to read on the short side. A big rally like Friday’s can push some shorts to cover, but Fubo is still trading near its one-year lows. The key for longer holders is if Friday was the start of a move based on cash flow goals or just a sharp pop in a crowded small cap short.
