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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 (NASDAQ: ROKU) stock dropped 18% in 2024 according to data provided by S&P Global Market Intelligence. Roku is the top U.S. streaming platform. More people buy and use its streaming devices ...
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As always, devices rival Vizio (NYSE: VZIO) is growing slower than Roku with negative cash flow, which suggests that retail giant Walmart is spending $2.3 billion on an unpopular Roku alternative.