Roku (ROKU) Stock Trades Down, Here Is Why : comparemela.com

Roku (ROKU) Stock Trades Down, Here Is Why

Shares of streaming TV platform Roku (NASDAQ: ROKU) fell 22.3% in the morning session after the company reported fourth-quarter results and provided slightly underwhelming outlook for the coming quarters. The company lacked specificity that the market craves when discussing its full-year 2024 EBITDA forecast (it stated that EBITDA would be "positive" rather than sharing a number - Wall Street was expecting $100 million of EBITDA for 2024). Management cited challenging macroeconomic conditions an

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