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Roku, Inc. (ROKU)
After hours:
- Bloomberg
Social Media Stocks Sink to Erase $135 Billion on Snap Warning
(Bloomberg) -- Social media stocks lost more than $135 billion in market value Tuesday after Snap Inc.’s profit warning, adding to woes for a sector that is already reeling from stalling user growth and rate-hike fears. Most Read from BloombergPlot to Kill George W. Bush in Revenge for Iraq War Was Foiled, FBI SaysStocks Finish Off Session Lows While Bonds Climb: Markets WrapSocial Media Stocks Sink to Erase $135 Billion on Snap WarningTexas Shooter Kills 18 Elementary School Children, One Teach
- Motley Fool
Why The Trade Desk, Meta Platforms, Roku, and Other Digital Advertising Stocks Crashed Today
Snap (NYSE: SNAP) issued a warning after the market close on Monday, suggesting that the economic picture was rapidly declining, sending its stock down as much as 41.7%. Pinterest (NYSE: PINS) was hit the hardest, with shares down roughly 22% at 1:30 p.m. ET. Shares of The Trade Desk (NASDAQ: TTD) and Roku (NASDAQ: ROKU) had fallen 19.8% and 18%, respectively.
- Motley Fool
Is Roku the Best Streaming Stock to Buy?
Long gone are the days when only a few streaming companies monopolized our viewing time, and it seems that every company with any content is starting its own streaming service. There's no doubt this is a growing industry with a large market opportunity. The average consumer is likely familiar with Roku (NASDAQ: ROKU) because of its hardware devices that are used to stream content.
