Shares of fuboTV Inc. (FUBO) plummeted 5.08% in intraday trading, as investors appear to be reassessing the company's growth prospects and financial health. The decline comes amid growing concerns about the streaming service's ability to attract and retain subscribers in an increasingly competitive market.

Recent analysis of fuboTV's performance has highlighted several challenges facing the company. Despite a significant 135% increase in stock price over the past six months, experts are cautioning investors about potential risks. One of the primary concerns is the company's weak growth in domestic subscribers, which averaged just 16.4% year-on-year growth over the last two years. This underwhelming performance suggests that fuboTV may need to lower prices or invest heavily in product improvements to accelerate growth, potentially hindering near-term profitability.

Additionally, fuboTV's financial health has come under scrutiny. The company has been burning through cash, with a negative free cash flow margin averaging 9.4% over the past two years. This means fuboTV has been spending $9.36 in cash for every $100 in revenue it generates. The combination of cash burn and a debt load exceeding its cash reserves has raised concerns about potential dilution for shareholders if the company needs to raise additional capital. These factors appear to be weighing heavily on investor sentiment, contributing to today's sharp decline in stock price.