FuboTV Shares Fall as Sales, Subscribers Set to Fall

FuboTV shares fell after the company said it expects sales and subscribers to decline in the second quarter. The stock dropped 16% to $2.47 on Friday after earnings. Shares have still doubled in value this year, thanks to a spike following an announcement at the start of the year that Walt Disney Co. plans to merge its Hulu + Live TV service with Fubo. The sports streaming service said it expects North America revenue to fall 10% in the second quarter to a range of $340 million to $350 million....