Roku stock has dropped nearly 14% after Comcast (NASDAQ:CMCSA) announced it will give away free streaming boxes to internet-only subscribers.
Roku Inc (NASDAQ:ROKU) has been the market’s best performer in 2019, having more than quadrupled its value in the year to date. Roku’s trailblazing performance has upped the ante in the battle of the streaming services, with a host of heavyweight competitors vying to replicate the success of Roku stock. With Disney (NYSE:DIS) and Apple (NASDAQ:AAPL) already entering the market, Comcast has become the latest firm to attempt to halt Roku’s rise.
The company ...
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