3 Things Roku Got Right in 2022 Despite the Stock Falling 83%
Some stock crashes hurt worse than others. Roku (NASDAQ: ROKU) has been one of this year's worst-performing investments. The stock has plummeted 82.8% in 2022, and we still have three more trading days to go before we wrap up this brutal year.
Despite the horrendous stock chart, it wasn't all bad for the streaming video pioneer. It may seem hard to focus on the positive in a year when profits turned to losses, growth prospects have deteriorated, and analysts have perpetually been slashing their price targets on the stock. The recent and understandable wave of tax-loss selling this month is the sour cherry on top of this melting ice cream sundae.
Grab a spoon. Let's dive in, checking out three things that went right for Roku in this otherwise lamentable year.
Source Fool.com
