Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Supply Chain Woes Hit Roku: Stock Falls Following Q2 Earnings


When Roku (NASDAQ: ROKU) reported second-quarter earnings last week, it spooked investors a bit when management highlighted some supply chain issues that have arisen. 

Shortages of materials and some logistical constraints are showing up everywhere as businesses navigate through some difficult times. Those issues were a big part of why the stock price fell later in the week even after Roku's report showed the video streaming platform operator beat revenue and earnings estimates

Roku's stock price fell following its second-quarter earnings announcement. Image source: Getty Images.

Continue reading


Source Fool.com

Like: 0
Share

Comments