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Why Roku Dropped, Then Jumped Today

TheMotleyFool

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Shares of Roku (NASDAQ: ROKU) started today's session down 4.5%, but some company-specific news reversed the decline, moving the stock up 3.5% as of 1:45 p.m. EST.

Other technology stocks are dropping today as investors rotate away from the big winners of 2020, and that's how Roku also began trading. After it released preliminary fourth-quarter data, however, shares reversed direction. The company said it surpassed the 50 million account milestone.

Source Fool.com

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