FuboTV Extends Gains, Plans Move into Sports Betting
Bullish Rippers
December 19, 2020
Repeat ripper FuboTV is back and ripping. The sports-centric TV streaming platform, which is planning a move into sports betting, has extended its massive gains for the year this week with a 40% run. $FUBO, which IPOed in October, has now run over 270% in the last two and a half months. Learn more about FuboTV’s plans of expansion into live sports streaming services in our new video with their CEO David Gandler: https://www.youtube.com/watch?v=rfYAjJwWY0A.
Despite what everyone expected, the biggest IPO of December wasn’t Airbnb or DoorDash. It was a lesser known enterprise AI company called C3.ai. $AI has gone on a 40% run since it listed on Dec. 9. The company helps facilitate predictive analytics, big data insights and internet of things applications through its robust software stack. The company ripped 17.4% in trading today.
Today’s biggest Ripper is seeing green after one of its biggest investments is being acquired by – you guessed it – a SPAC. $CURO, which owns 40% of Katapault, will receive a $365 million payout with an option to receive $30m more in shares in the newly formed company. $CURO has jumped 88.7% since FinServ Acquisition Group announced its intention to acquire Katapault Holdings. Katapault, which provides ecommerce point-of-sale lease purchase options, will immediately begin trading as $FSRV.