Why Roku Stock Took a Hit Tuesday
Shares of Roku (NASDAQ: ROKU) were slammed on Tuesday, sliding 10.5% by the time the market closed.
While some of this decline was likely due to a continued sell-off in many high-growth software stocks this week, there's another reason for the tech stock's sharp drop on Tuesday: the competitive pricing of the new streaming service from Apple (NASDAQ: AAPL).
Apple's The Morning Show will debut on Apple TV+ on Nov. 1. Image source: Apple.
Source Fool.com
