FuboTV Inc. is trading 7.3% up now at $10.82 after a sharp rebound driven largely by short-covering activity and ongoing volatility following a period of heavy selling pressure.
- Elevated short interest and a significant year-to-date decline are fueling a snap-back move as bearish positions are covered.
- Traders are leaning into the current volatility despite persistent market concerns regarding the company's losses and leverage.