Why Roku Stock Fell Sharply on Thursday

Following its second-quarter earnings release on Wednesday afternoon, Shares of streaming-TV platform Roku (NASDAQ: ROKU) fell sharply on Thursday. The stock was down nearly 9% as of 12 p.m. EDT.

The stock's pullback was likely primarily due to an uncertain view for the advertising industry, which led management to refrain from providing a financial outlook.

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Source Fool.com