Is Roku a Buy on the Dip?
Shares of Roku (ROKU -23.81%), tanked about 25% during the week that ended Feb. 16, 2024. Investors were responding to another quarterly earnings report that was full of good news and not-so-good news from the television streaming platform provider.On one hand, the number of active accounts and the amount of time users spend in front of the tube are up. A disappointing decline in demand for digital ads, though, led to lower revenue per user.Roku's still losing money, but those losses are narrowing. Is this ...