Diamonds and Dogs

11/11/20

FuboTV (FUBO) scores. The "skinny-bundle" virtual cable service heavy on sports channels is up 23% following better than expected earnings. FuboTV is losing money but did see acceleration in subscriber growth. The company also raised guidance thanks to a growing sports calendar, busy news cycle and the secular decline of traditional TV viewership.

Datadog (DDOG) in the doghouse. The data analytics company is down 11% following earnings. Datadog actually made money as sales rose 61% to $154.7 million verse estimates of $144.33 million. But with a market cap of $24 billion, investors are taking profits due in part to the sky-high valuation.

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