Entrepreneur
Kurra Bewarse Username: Entrepreneur
Post Number: 3901 Registered: 05-2011 Posted From: 24.164.46.35
Rating: N/A Votes: 0 | Posted on Monday, January 10, 2022 - 10:25 am: | |
Growth stocks remain under pressure as interest rates continue to move higher. Ultimately, this selloff will create some tremendous opportunities, so I'm staying patient and being disciplined. Swing Portfolio holding FUBO guided Q4 results higher this morning. After an initial pop, stock has ticked back into the red, weighed down by general Growth stock weakness. For the qtr, FUBO is guiding revs to $215-220 mln vs $211.56 mln consensus. Paid subscribers at year-end are expected to exceed 1.10 mln, up 100% yr/yr and vs prior guidance of 1.06-1.07 mln. FUBO shares currently trading at $13.90 in pre-mkt, down 1%. I'll be looking for scalping opptys this morning and attractive spots to add onto swing long positions. |