fuboTV shares slid 5.1% to close at $9.72 after the company announced a $15 per month price increase and a broad streaming sell-off was triggered by Netflix's weak revenue outlook. Netflix shares sank more than 10% on slowing revenue gains, fueling fears that streaming industry growth may have peaked. Customer anger over fuboTV's price hike added to the pressure, and the stock was still dealing with skepticism following a second-quarter earnings miss that showed North American paid subscribers declining to 5.7 million from 5.9 million year-over-year. The stock is down 68.5% year-to-date and trades 82.1% below its 52-week high of $54.72 from September 2025.
Netflix IncNetflix reported weak revenue outlook and slowing revenue gains, triggering a broad streaming sell-off.
Fubotv IncfuboTV announced a $15/month price increase, causing customer anger and adding to stock pressure.