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Why Roku Stock Was Up This Week

TheMotleyFool

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Roku (NASDAQ: ROKU) shareholders beat the market through most of this week, with the stock rising 6% through Wednesday trading before slumping during Thursday's sell-off. The stock is now down about 0.7% compared to a 0.3% drop in the S&P 500, according to data provided by S&P Global Market Intelligence.

The shifts didn't do much to erase the losses that investors have seen with the streaming video giant since the start of 2022. However, Roku's stock is benefiting from more optimism following its late April earnings announcement.

Image source: Getty Images.

Source Fool.com

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