• Roku's shares plunge 12% despite an earnings report its CEO called 'great'

    11 days ago - By Business Insider

    Roku reported third-quarter results Wednesday that topped Wall Street's expectations.
    But investors sold off its stock following the announcement; in recent trading it was off as much as 12%.
    The growth rate of the company's platform business, while still robust, slowed markedly in the quarter, and it offered a disappointing forecast for its bottom line in the fourth quarter.
    Roku's investors may not have been pleased with the company's third-quarter earnings report, but CEO Anthony Wood insists that everything's going just fine.
    The streaming media device maker's results beat Wall...
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  • Positive Results On Main Street But Wall Street Seems Skittish

    Positive Results On Main Street But Wall Street Seems Skittish

    11 days ago - By Forbes

    It would be typical to expect stellar employment reports to lead to a rise in equity indexes. But, today is not typical.
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