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Broadcasting & Cable
Broadcasting & Cable
Business
Daniel Frankel

Roku's Momentum (Once Again) Grinds to a Halt Amid Reports of Walmart Buying Vizio

Roku Walmart VIZIO Michael Nathanson
Roku headquarters in San Jose, Calif.

Typically subject to the crosswinds of Wall Street, Roku stock has declined more than 7% to around $91 a share since Tuesday, when the Wall Street Journal reported that Walmart is in talks to possibly buy smart TV maker Vizio for around $2 billion. 

Also read: Analyst Says Walmart Buying Vizio Could ‘Disrupt’ CTV Market

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