Burry’s not bullish. But he’s beginning to nibble.
What do a top electric vehicle maker, the king of internet search engines, and a veteran Asian video game company have in common?
A prime example of this is Roku (NASDAQ: ROKU), one of the leading streaming video platforms. At one point since the start of the pandemic, shares were up over 600% as investors flocked to the opportunity in streaming video, but Roku stock has since taken a tumble, now down 60% year to date. Investors are worried about slowing account growth -- a vital metric for Roku's business -- and supply chain challenges eating away at margins.