Why Roku Stock Was Down This Week
Roku (NASDAQ: ROKU) shareholders lost ground to the market through Thursday trading, with the stock falling 6% compared to a 0.4% increase in the S&P 500 over that time, according to data provided by S&P Global Market Intelligence. Those losses were driven by fears that the streaming video specialist would issue a downbeat forecast on its business, as rival Netflix did in its recent announcement.
Yet the stock drop seemed set to reverse on Friday, as investors were pleased with Roku's fiscal first-quarter earnings report.
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Source Fool.com
