Down 88%, Will Roku Ever Hit All-Time Highs Again?
Core Viewpoint - Roku was a significant beneficiary during the early COVID-19 pandemic, with its stock reaching nearly $500 at its peak, but it has since declined by approximately 88% from those highs, raising questions among investors about its future performance [1]. Company Summary - Roku's stock performance peaked during the pandemic, indicating strong demand for streaming services during that period [1]. - The current stock price reflects a substantial decline, leading to investor uncertainty regarding the company's ability to recover to previous highs [1].