Roku: Underlying Growth Prospects And An Improving Cash Position

Giuliano Benzin Roku (NASDAQ:ROKU) shares have suffered a rough 2024 with the shares down around -18% year-to-date. I believe there is potential for a bounce from this level and will outline my reasons here. An introduction to Roku Roku is a connected tv (CTV) streaming provider that was developed in collaboration with Netflix. Ahead of the launch of Roku's first streaming device, which was similar to Amazon's Fire Stick, Netflix decided to spin off the company in order to protect its own business interests ...