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Roku stock fell more than 17% on Thursday after the company's fourth quarter guidance disappointed, despite the media player reporting its first quarter of $1 billion in revenue.For the current ...
Why did Roku's stock crash despite strong earnings? Flimsy reasons behind the price drop could amount to a buying opportunity.
Roku enacted a slew of cost-cutting measures last year, including layoffs, to bring down operating expenses. Shares are down about 20% since the start of the year, weighed down by Friday's steep ...
Roku expects fourth-quarter net sales of $893 million versus the estimate of $944.43 million. View more earnings on ROKU "As the global shift to TV streaming continu Why Roku Shares Are Falling Today
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Streaming TV isn't growing like investors hoped. For premium support please call: 800-290-4726 more ways to reach us
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Weakness in the streaming sector weighed on Roku. For premium support please call: 800-290-4726 more ways to reach us