Roku, Inc. (ROKU) runs a television streaming platform. The business is divided into two operational segments: Platform and Player. The stock has dropped 68% year-to-date and 11.4% over the past three months to close its last trading session at $73.02.
ROKU has been impacted by growing worries about dwindling consumer discretionary spending, multi-decade high inflation, and increasing competition. This year, lower consumer and advertiser demand significantly impacted the company's financial performance.
