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FuboTV Stock Stumbles Again On Analyst Downgrade, Capping Roller-Coaster Week

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Shares in FuboTV, which boomed at the start of the week, have dropped more than 16% today, their second straight day of sharp declines at the end of a roller-coaster week.At $44.10 midway through the trading day, the stock is near the level where it began trading on Monday.

It dropped 15% on Wednesday after reaching an all-time high of $62 the day before.The internet-delivered pay-TV provider had an IPO on the New York Stock Exchange in October and its stock has more than doubled since then.

On Monday and Tuesday, it shot up almost 50% on subscriber growth surpassing internal targets and rumors it was considering streaming some sports events exclusively on its service. (Citing a quiet period, the company has not commented on the

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