Roku Gets Hit With Downgrade on Hardware Partnership Concerns
Streaming TV specialist Roku (NASDAQ: ROKU) has seen a boost in engagement from COVID-19, which has forced people to stay home, where they inevitably end up watching more TV than usual. However, monetizing that usage is another task altogether, and investors are concerned that ad revenue growth is expected to decelerate because the pandemic has crushed broader ad spending.
Here's another concern to add to the mix.
Licensed Roku TVs are an important source of new accounts. Image source: Roku.
Source Fool.com
