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Why Roku Stock Fell Sharply on Friday

TheMotleyFool

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Shares of streaming-TV specialist Roku (NASDAQ: ROKU) fell sharply on Friday. The stock declined as much as 7.9% but recovered slightly and was down 6.6% as of 1:25 p.m. ET.

The stock's decline is likely primarily due to news that a key executive, Roku's head of its platform business, is stepping down.

Image source: Getty Images.

Source Fool.com

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