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Why Roku Stock Was Slipping This Week

TheMotleyFool

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Why Roku Stock Was Slipping This Week: https://g.foolcdn.com/editorial/images/784679/watching-tv-streaming-relaxing-entertainment.jpg

Roku (NASDAQ: ROKU), the leading streaming distribution platform, has been having another tough week. A broader sell-off in tech stocks and a downbeat update from Comcast's Peacock and streaming service Alphabet's YouTube tamped down hopes for a comeback from Roku.

As of Thursday's close, Roku stock was down 8%, according to data from S&P Global Market Intelligence.

Image source: Getty Images.

Source Fool.com

Roku Stock

Roku gained 2.280% today.
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 70.99% compared to the current price of 54.39 € for Roku.

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