FuboTV Stock Is Crashing Today. Here's Why.

It's becoming increasingly clear that streaming alternatives to conventional cable TV are facing the same marketability problems.The case for holding a stake in streaming television company FuboTV (FUBO -13.65%) continues to deteriorate. Shares are down to the tune of 11.3% as of 11:40 a.m. ET following this morning's release of the company's fiscal first-quarter results, which -- at best -- sent a mixed message regarding the cable-TV alternative's foreseeable future.Moving in the wrong directionThe top lin ...