Fubo Ups Quarterly Fiscal Loss, Reports 6.2M Sub Count, Plans Reverse Stock Split
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Fubo has reported a quarterly fiscal loss and a subscriber count of 6.2 million. The company also plans to implement a reverse stock split, with one outlet specifying the split will be 1-for-12. The details of the reverse stock split are partially confirmed, with the exact ratio potentially being 1-for-12.