Over the last four weeks, ROKU stock has plunged significantly after hitting $170 at the beginning of last month. The stock has fallen 40%, dropping to below $100. This has been a huge slump for Roku (NASDAQ:ROKU), which seemed to have its act all together this year more so after posting inspiring earning in the recent quarter.
Growing Competition in Streaming ServicesRoku was soaring at the beginning of last month until the announcement that Disney (NYSE:DIS) and Apple Inc. (NASDAQ:AAPL) announced the launch of TV subscription services. Apple will launch its Apple TV+ at the ...
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