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Is It Time to Buy Roku Stock?

TheMotleyFool

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Digital advertising stocks were slammed on Friday, following news that Snap (NYSE: SNAP) missed top-line expectations for its third quarter and provided a fourth-quarter revenue outlook below analysts' consensus view. Shares of Snapchat fell as much as 27%, and many other digital advertising stocks fell 5% or more.

One growth stock that was caught up in the sell-off that maybe shouldn't have been is connected TV platform company Roku (NASDAQ: ROKU). By the time the market closed on Friday, shares were down 3.6%.

Here's a closer look at what happened on Friday -- and why this could be a buying opportunity for investors interested in Roku stock.

Source Fool.com

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