Roku Is on Track for Its Biggest Drop Ever. Analyst Calls Earnings Awful.

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Roku stock cratered after the video-streaming company’s earnings fell far short of expectations, and a Pivotal Research analyst doesn’t expect it to bounce back.



Jeffrey Wlodarczak, who rates the stock at Hold, noted that expenses are rising fast as the economy moves toward a recession, and at a time when Amazon and Google—rivals in the streaming business—are gaining more power. He said the stock [...] Continue Reading @Barrons