Disney Bails Out FuboTV: Can Asymmetric Upside Save Struggling Stock?

FuboTV, a company that allows users to stream live television on any device without the need for cable lines, has been struggling financially. However, with Disney's controlling stake and integration of Hulu Live, Fubo is poised to rebound.

The heavy short interest in Fubo shares, at 23% of its Class A share float, creates a condition for a sharp price increase if operational improvements materialize.

Analysts believe that despite the risks of further downside, Fubo offers asymmetric upside with the potential to double or triple investors' money over the next 12 months.