Cathie Wood's Ark Invest, $ARKK, has lost $14 billion over a decade, with Morningstar noting value decline in bullish markets. Roku's Q4 earnings beat estimates, but stock drops despite revenue beat and 80 million active accounts. The challenging media and entertainment outlook for 2024 led to a significant decline in Roku's stock, with stiff competition from heavyweights like Netflix and Amazon impacting its forecast. Oppenheimer downgraded Roku, foreseeing range-bound shares after earnings. The stock plummeted 23%, with investors concerned about competition and the ad market. Cathie Wood's ETFs hold a significant stake in Roku, contributing to the stock's decline.
Roku Stock Tanks More Than 23%—Its Worst Trading Day Ever https://t.co/9goXGuM4Tr https://t.co/WosrbsQAjU
⚠️BREAKING: *ROKU TUMBLES 25% AS STIFF COMPETITION FROM NETFLIX AND AMAZON DENTS OUTLOOK https://t.co/JwRFpd59yg 👈 $ROKU $NFLX $AMZN https://t.co/Y4euufiXbF
Roku’s stock falls 23% — and one bear now sees challenges brewing ‘on all flanks’ https://t.co/KeyVmMjdEM
Roku $ROKU, is down 23%. $ARKK, $ARKF, and $ARKW are some of the largest ETF holders of Roku with over 3% weight in each of Cathie Wood's ETF. https://t.co/2vAIVUhsV6
Roku stock plummets as investors weigh big tech competition, shaky ad market https://t.co/pCuS9tN7QN by @allie_canal
Roku Shares Plummet 23% as Wall Street Sours on 2024 Outlook https://t.co/qcxY4Qchzd
Roku tumbles as stiff competition from heavyweights dents outlook https://t.co/ZXk4PpUiH1 https://t.co/oTHz1wI1Qz
Not 1, but 3 #greatquarters and stock down 17% $ROKU 👇👇👇 https://t.co/8IsCBBJSos
$ROKU Oppenheimer downgrades Roku to perform from outperform Oppenheimer downgraded the stock following earnings Thursday and says shares are poised to be range-bound. “We are downgrading ROKU to Perform from Outperform and removing our $100 price target as we see the stock…
⚠️ ROKU TUMBLES AS STIFF COMPETITION FROM HEAVYWEIGHTS DENTS OUTLOOK (Reuters) Roku dropped nearly 17% on Friday after the streaming-service provider forecast a steeper-than-expected first-quarter loss, as it struggles to compete with heavyweights such as Netflix and Amazon for… https://t.co/a9sOEhO3Ma
Roku Stock Plunges 17% on 'Challenging' Media and Entertainment Outlook for 2024 https://t.co/sIqAL8q1Bc
Roku Inc $ROKU Earnings: - Diluted EPS of -$0.55 - Revenue of $984 million Roku CEO Anthony Wood said: "We are executing well and ended 2023 with 80 million Active Accounts globally and our first year of more than 100 billion Streaming Hours. We grew monetization with Platform… https://t.co/SUfB7qPn4T
$ROKU | Roku Q4 Earnings Highlights: Revenue Beat, EPS Beat, Q1 Guidance, 80 Million Active Accounts Streaming platform and hardware company Roku Inc reported fourth-quarter financial results after the market close Thursday. Here are the key highlights. What Happened: Roku… https://t.co/7wdouBgaFM
Roku reports Q4 revenue up 14% YoY to $984.4M, vs. $968.2M est., and warns of a "challenging" environment for media and entertainment in 2024; ROKU drops 14%+ (@xpangler / Variety) https://t.co/F0o80vflNE 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/DqVdBKKeaW
$ROKU outlook 1Q $850mn vs consensus $833mn 4Q EPS -$0.55 vs consensus -54c Miss on ARPU despite revenue beat, stock down 15%, ARPU $39.92 down 4% y/y https://t.co/hfB5YY1amR
Roku Q4 Earnings: Edging Wall Street Revenue Expectations, Streaming Giant Passes 80 Million Active Accounts https://t.co/gHouZgTXY8
Roku earnings top expectations, but its stock still sinks https://t.co/wVHXgINDZU
Roku Beats Q4 Estimates and Tops 80 Million Active Accounts, Stock Drops on 'Challenging' Media and Entertainment Outlook for 2024 https://t.co/GNG6lRja8y
$ROKU | Roku Q4 Earnings - GAAP EPS/Loss $0.55 (Est/Loss $0.57) - Sales $984.42M (Est. $966.30M) - Expects Q1 Total Net Revenue Of $850M (Est. $833.57M)
$roku just lost all last season gains
*ROKU DROPS 11% POSTMARKET AFTER REPORTING RESULTS Roku always pulls an Instagram
$roku dump
Cathie Wood's Ark Invest, $ARKK, has destroyed $14 billion in wealth over the past decade, Morningstar has said. "These funds managed to lose value for shareholders even during a generally bullish market," Morningstar said.
Earnings this week with expected moves including $KO $SHOP $DDOG $UPST $CSCO $COIN $ROKU $TTD $DKNG and more! Calendar here: https://t.co/f2JZ7atwuM https://t.co/OqMbSxy4bb
$ROKU updated chart. Earnings this week. $100 roll on my radar. https://t.co/Mx2AhcjDJe