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Roku Stock Can Rise To $70 As Cash Flows Surge
ROKURoku(ROKU) Forbes·2024-06-21 10:30

There are a couple of things that have weighed Roku stock down this year. Roku's streaming service distribution business, which facilitates the subscription process for streaming services and earns commissions for the same, is seeing some headwinds as more streaming services, including Netflix, focus on selling more affordable, ad-supported plans as customers look for better value in a mixed economic environment. Moreover, Roku has to increasingly compete for advertising-related revenue with big technology ...