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StockNews.com
StockNews.com
Business
Aditi Ganguly

Down More Than 50% in the Last 6 Months, is Roku a Good Stock to Buy Now?

San Jose, Calif.-based Roku, Inc. (ROKU) is a TV streaming platform that operates in two segments: Platform; and Player. According to NPD’s Weekly Retail Tracking Service, ROKU’s operating system was the #1 smart TV OS sold in the United States for the second consecutive year in 2021. However, the stock has an ISS Governance QualityScore of 10, indicating high governance risk.

Shares of ROKU have declined 59.5% in price over the past six months to close Friday’s trading session at $167.48. Furthermore, the stock has declined 26.6% year-to-date.

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