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Where Will Roku Stock Be in 1 Year?
ROKURoku(ROKU) The Motley Fool·2024-05-30 13:30

The streaming stock has struggled of late. Can it bounce back? While the broad market is soaring to all-time highs, Roku (ROKU -0.20%) stock has been left behind. Shares of the streaming distributor fell sharply on its fourth-quarter earnings report in February and have only drifted lower since then, as the company is still unprofitable on the basis of generally accepted accounting principles (GAAP) and the media industry is in a volatile state. Legacy media companies, including Paramount Global, Warner Bro ...