Why Roku Stock Dropped Again Today

Why Roku Stock Dropped Again Today
·2 min read

It's Friday, and stock markets are falling again, with the S&P 500 down 0.5% and the Nasdaq Composite off more than 1%. Unfortunately, that's not going to be the case for Roku (NASDAQ: ROKU), which has been sliding all week long -- and is down another 4.1% today as of 11:45 a.m. EDT. As Roku explained in a corporate blog post yesterday: "Some Big Tech enterprises are using their market power to extend control over independent businesses, like Roku, to benefit their broader business objectives at the expense of the consumer, putting a fair and open competitive streaming marketplace at risk."

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting