) stock tumbled 11% on Thursday after the video streaming company gave a quarterly report that Wall Street deemed not good enough to justify its sky-high valuation.
A major winner in the consumer shift away from cable television in favor of Netflix and other over-the-top services, Roku’s stock remains up over 300% this year, even after Thursday’s retreat.
Roku sucks
Wall Street can afford cable. End of story.
LMAO but gave a $80 increase to a stock in which the company used almost every trick in the book to create a positive FCF.
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