Why Roku Stock Fell 15% in April
Shares of Roku (NASDAQ: ROKU) were pulling back last month as investors responded to a mixed bag of news items, including a middling earnings report from the leading streaming distribution platform.
According to data from S&P Global Market Intelligence, the stock finished the month down 15%. As you can see from the chart below, Roku shares were volatile throughout the month, with a slide in the second half of the month that seemed to start after Netflix reported earnings.
Source Fool.com
Roku Stock
€53.51
1.020%
Our community is currently high on Roku with 29 Buy predictions and 7 Sell predictions.
As a result the target price of 93 € shows a very positive potential of 73.8% compared to the current price of 53.51 € for Roku.
