Why Roku Stock Dropped Today

·2-min read
Why Roku Stock Dropped Today

Shares of Roku (NASDAQ: ROKU) are up more than 135% in the past 12 months due to robust growth in television streaming services, and its platform specifically. As of 11 a.m. EDT, Roku shares were down almost 7% after dropping as much as 10% earlier in the trading session. Roku reported net revenue jumped 81% versus the prior-year period, and platform revenue soared 117%.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting