After hitting the public markets in September 2017, Roku (NASDAQ: ROKU) shares skyrocketed more than 1,900% in a period of less than four years. Roku's growth throughout the past few years has been outstanding, particularly as it rode the wave of viewers ditching cable TV in favor of the more user-friendly streaming option. Speaking of the economy, there's a major factor that has negatively impacted Roku, and that's the softer digital advertising market. Read More...
After hitting the public markets in September 2017, Roku (NASDAQ: ROKU) shares skyrocketed more than 1,900% in a period of less than four years. Roku’s growth throughout the past few years has been outstanding, particularly as it rode the wave of viewers ditching cable TV in favor of the more user-friendly streaming option. Speaking of the economy, there’s a major factor that has negatively impacted Roku, and that’s the softer digital advertising market.