Down 60%, Is This ARK Invest Favorite a Buy Now?
In this video, I will be talking about one of Cathie Wood's favorite stocks, Roku (NASDAQ: ROKU). The stock is down 61% since its all-time highs, and the business has gone through some turbulent times. You can find the video below, but here are some highlights.
Roku recently announced that Scott Rosenberg is to step down as senior vice president and general manager of Platform Business. Let's hope he does not join the likes of Google or Amazon.
According to eMarketer, U.S. digital ad spend will grow by nearly 50% in the next four years, and by 2025, the digital ad market will top $300 billion.
Source Fool.com
