Why Roku, Inc. Stock Tumbled Today [The Motley Fool]
Roku, Inc. - Class A (ROKU)
Last roku, inc. - class a earnings: 2/13 04:03 pm
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US:NASDAQ Investor Relations:
ir.roku.com/investor-relations
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Source: The Motley Fool
Shares of the streaming media company fell on the broader market selloff. Here's what you need to know. Jeremy Bowman ( TMFHobo ) Oct 10, 2018 at 3:40PM What happened Shares of Roku, Inc. ( NASDAQ:ROKU ) were falling in tandem with the market sell-off today as high-priced tech stocks like the video-streaming specialist got especially hammered. Rising treasury rates sent shivers through the market as higher interest rates can mean that it's harder for businesses and consumers to borrow, they can slow down economic growth, and they can also make bonds more attractive than stocks. That development sent shares of the S&P 500 down 2.1% and pushed the Nasdaq down 2.6%. Though there was no major news out on Roku during the trading day, that pressure in the broader market was enough to push its shares down 11.5% as of 2:49 p.m. EDT. Image source
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ROKU
News
- Roku, Inc. (NASDAQ: ROKU) had its "buy" rating re-affirmed by analysts at Benchmark Co.. They now have a $115.00 price target on the stock.MarketBeat
- Roku, Inc. (NASDAQ: ROKU) had its price target lowered by analysts at Wedbush from $120.00 to $80.00. They now have an "outperform" rating on the stock.MarketBeat
- Roku (ROKU) Rises As Market Takes a Dip: Key Facts [Yahoo! Finance]Yahoo! Finance
- Roku (ROKU) Stock Moves -0.4%: What You Should Know [Yahoo! Finance]Yahoo! Finance
- Roku: Efficiency Remains A Concern [Seeking Alpha]Seeking Alpha
ROKU
Earnings
- 2/15/24 - Beat
ROKU
Sec Filings
- 4/10/24 - Form SC
- 4/3/24 - Form 4
- 4/3/24 - Form 4
- ROKU's page on the SEC website