Why Roku Stock Lost 16% in August
Shares of (NASDAQ: ROKU) stock fell 16% in August, according to data from S&P Global Market Intelligence. The streaming stock had soared after its earnings release in July, and it gave back some of the gains.
Roku is trying to find its groove in the competitive realm of streaming. Sales soared early in the pandemic and the company briefly became profitable, but between growing competition, a saturated market, viewers getting out again, and inflation, it's struggling to keep up its strong performance.
Source Fool.com
Roku Aktie
57,55 €
-4,18 %
Leichte Kaufstimmung für Roku: Mehr Buy- als Sell-Einschätzungen.
Das Kursziel von 93 € für Roku bedeutet eine deutliche Steigerung von über 50% gegenüber dem aktuellen Kurs von 57.55 €.
