Will Roku Recover in 2022?
Shares of fast-growing companies have been getting hammered over the past couple of months. A combination of the Federal Reserve's plan to tighten monetary policy in 2022 and the looming threat of decelerating growth coming out of the pandemic could be reasons these stocks are under pressure.
Roku (NASDAQ: ROKU) is the poster child of the current environment. Since hitting an all-time high of $479.50 in late July, the stock has crashed a jaw-dropping 55%. Shareholders are right to wonder if Roku's stock can recover in 2022.
Keep reading to find out what's been going on with this streaming innovator and if next year will be nicer to its shareholders than 2021 was.
Source Fool.com
