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Roku Plunges on Guidance. Is the Stock a Buy on the Dip?

By Yahoo! Finance   |   Nov 4, 2024 at 11:37 AM EST
Roku Plunges on Guidance. Is the Stock a Buy on the Dip?

Roku's stock has plummeted over 90% since 2021, facing challenges in regaining investor interest. Despite a recent drop after Q3 results, the company saw revenue growth and strong user household additions, but stock-based compensation is impacting profitability. Operating expenses were reduced.

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