Constrained supply chains, coupled with unprecedented government stimulus to help the economy through the pandemic, have led to record inflation in the U.S. To fight this situation, the Federal Reserve has gone on a tightening path, aggressively hiking interest rates. The result has been market turmoil.
In particular, growth tech stocks, such as Roku (NASDAQ: ROKU), have gotten absolutely obliterated. The leading streaming platform's share price is trading at low levels it hasn't been at in over three years. So what gives?
Let's take a look at both the bull and bear cases for Roku, which should help investors learn about the business.
Source Fool.com