Why Roku Stock Was Slipping This Week

Whatever happens next week in the earnings report, the stock is likely to swing big one way or the other. Roku can't catch a break Weakness in the streaming sector weighed on Roku. Roku stock has been eating dirt since the pandemic's height. It ramped up spending at the wrong time and is still trying to rebalance its cost structure and show investors it can be sustainably profitable. At the same time, a report from Comcast showed that its Peacock streaming service is losing subscribers, with total subs down ...