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Stock impact report

Why Roku Is Down 14% So Far in 2018 [The Motley Fool]

Roku, Inc. - Class A (ROKU) 
Last roku, inc. - class a earnings: 2/13 04:03 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.roku.com/investor-relations
Company Research Source: The Motley Fool
The streaming video specialist may be down, but it's far from out. You'd be tempted to think that there was something terribly wrong at Roku ( NASDAQ:ROKU )  if you looked solely at the stock price. The streaming platform and pioneer is down 14% year to date, which doesn't compare favorably to the 1% gain managed by the S&P 500 . Taken in a vacuum, the share-price decline doesn't appear to bode well for Roku. But you might be surprised to learn that just six weeks ago, Roku was hitting all-time highs, up nearly 48% year to date, compared to the broader market's gain of just a few points. What caused the 62% drop from the company's recent lofty heights, and what should investors expect from Roku from here? Image source: Roku. Solid results, but Wall Street wanted more Roku's third-quarter results were impressive -- and they're representative of the growth the company has achieved so far this year. Roku reported revenue of $173.4 million, up 39% year over y Show less Read more
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