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Roku Could Have $487 Million at Risk in Silicon Valley Bank Implosion. Time to Sell?

TheMotleyFool

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Roku Could Have $487 Million at Risk in Silicon Valley Bank Implosion. Time to Sell?: https://g.foolcdn.com/editorial/images/724330/investor-thinking-about-stock-charts-getty.jpg

Shares of Roku (NASDAQ: ROKU) fell in after-hours trading on Friday, March 10. Investors are more than a little nervous about the potential loss of $487 million in cash and cash equivalents the company had parked in Silicon Valley Bank (SVB).

Even before admitting its exposure to the collapse of SVB, Roku stock was down 87% from the peak it set all the way back in 2021. Should investors dump their shares now, or does it make more sense to hold on to the embattled streaming stock?

Here's what you should know.

Source Fool.com

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