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(FUBO) - BMO Steps To The Sidelines On FuboTV Following Big Run

The bullish case for live TV streaming platform FuboTV Inc (NYSE: FUBO) has come to an end at BMO Capital Markets although it's based on valuation . ....

Fubotv Inc , Daniel Salmon , Market Perform , Balto Sports , டேனியல் சால்மன் , சந்தை செய்ய , பால்டோ விளையாட்டு ,

Why fuboTV Stock Plunged Today | The Motley Fool

Author Bio
Evan is a senior technology specialist at The Motley Fool. He was previously a senior trading specialist at Charles Schwab, and worked briefly at Tesla. Evan graduated from the University of Texas at Austin, and is a CFA charterholder.
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What happened
Shares of
fuboTV (NYSE:FUBO) plunged as much as 15% today after getting a downgrade from Wall Street. BMO Capital dropped its rating from outperform to market perform while adjusting its price target from $33 to $50. As of 12:30 p.m. EST, the stock was down 9%.
So what
FuboTV shares have already more than doubled this month, leading to some concerns around valuation for the sports-centric live TV streaming platform. Analyst Daniel Salmon pointed to the tech stock s recent rally as the primary factor in the rating change. Shares had surged earlier this week following an Axios interview with CEO David Gandler that suggested the company was explo ....

David Gandler , Daniel Salmon , டேனியல் சால்மன் ,

More Alarm Bells Are Being Raised About Sky-High Tech Valuations

More Alarm Bells Are Being Raised About Sky-High Tech Valuations
The number of downgrades and short calls being made on tech stocks that have soared to the stratosphere has picked up this month.
Author:
Dec 23, 2020 2:27 PM EST
As certain tech stocks soar to jaw-dropping multiples, the number of analysts downgrading companies they otherwise like, due to their valuations, is mounting.
PLTR) - Get Report by Credit Suisse. In cutting Palantir’s shares to Underperform from Neutral, analyst Brad Zelnick said the data mining/analytics software firm’s valuation had become “disconnected from fundamentals” and was 50% above what Credit Suisse saw as fair in a “blue-sky scenario.” ....

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Corporate America would like the vaccine now

Corporate America would like the vaccine now
Vox.com
12/21/2020
Emily Stewart
© Joe Raedle/Getty Images
Dave Lacknauth, executive director of pharmacy services, Broward Health Medical Center, shows off a bottle containing the Pfizer/BioNtech Covid-19 vaccine on December 17 in Fort Lauderdale, Florida.
Uber has spent years and millions of dollars making sure its workers aren’t classified as such and insisting it’s not responsible for those people’s health care. Now the company is pushing for its “earners” the word it uses to refer to its drivers and delivery people so as to not call them workers to get priority access to the Covid-19 vaccine. ....

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How employers are trying to get early Covid-19 vaccine access for workers

Joe Raedle/Getty Images
Uncovering and explaining how our digital world is changing and changing us.
Uber has spent years and millions of dollars making sure its workers aren’t classified as such and insisting it’s not responsible for those people’s health care. Now the company is pushing for its “earners” the word it uses to refer to its drivers and delivery people so as not to call them workers to get priority access to the Covid-19 vaccine.
It’s hardly alone in lobbying public health officials and states to put its people near the top of the list. ....

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