Roku has its worst day since IPO, stock falls 22%

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While Roku beat on the top and bottom lines, the company missed analyst expectations on platform revenue, which encompasses increasingly important advertising revenue.

 

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based fire stick killing off inferior roku products.

Wish I could make a short position on that play right now. The business model they have just doesn’t seem solid. RokuPlayer should partner with cable companies to invest in smarter boxes. Offer original content for a young crowd. Build a service around an age group 1-12 maybe

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