Why Roku Stock Fell 15% in April
Shares of Roku (NASDAQ: ROKU) were pulling back last month as investors responded to a mixed bag of news items, including a middling earnings report from the leading streaming distribution platform.
According to data from S&P Global Market Intelligence, the stock finished the month down 15%. As you can see from the chart below, Roku shares were volatile throughout the month, with a slide in the second half of the month that seemed to start after Netflix reported earnings.
Source Fool.com
Roku Stock
€136.34
1.680%
The stock is one of the favorites of our community with 48 Buy predictions and 1 Sell predictions.
However, we have a potential of -0.25% for Roku as the target price of 136 € is below the current price of 136.34 €.
