FUBO reverse stock split: FuboTV makes a rare move, streamer’s share price plunges 25%

Shares in the sports streaming service FuboTV Inc. (NYSE: FUBO) are currently plunging in Tuesday trading. The stock price drop comes after the streamer reported its Q1 2026 results—and announced a relatively rare reverse stock split. Here’s what you need to know.

What’s happened?

Today, FuboTV Inc. announced its first-quarter results for fiscal 2026, which ended on December 31. For the quarter, Fubo reported revenue of $1.543 billion, up 40% from the year-earlier quarter. 

However...