fuboTV Battles TelevisaUnivision for Fair Pricing In Spanish-Language Showdown
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 24 2024
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Source: Benzinga
FuboTV's Programming Dispute: FuboTV shares are down after TelevisaUnivision pulled its programming, citing a dispute over a 25% price increase and bundling practices that burden subscribers. Fubo remains open to negotiations while emphasizing its commitment to the Hispanic community and competitive pricing.
New Offerings and Stock Performance: FuboTV recently launched Hallmark+ as a standalone subscription or add-on, enhancing its content offerings. As of Tuesday, FUBO shares were trading lower by 1.46% at $1.35 premarket.
Analyst Views on VERS
Wall Street analysts forecast VERS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for VERS is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 62.457
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Current: 62.457
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
