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ROKU Stock Plunges 32.4% YTD: Should Investors Hold or Fold?
ROKURoku(ROKU) ZACKS·2024-08-20 15:11

Roku Inc. (ROKU) , the leading TV streaming platform in the United States, has seen its stock price plummet 32.4% year to date (YTD) compared with a 2% decline in the broader Zacks Consumer Discretionary sector, leaving investors wondering whether to maintain their positions or cut their losses. This significant decline prompts a closer examination of the company's fundamentals, market position and future prospects to determine the best course of action for shareholders. As Roku continues its evolution from ...