Why Roku Shares Fell Sharply on Tuesday

·2 min read
Why Roku Shares Fell Sharply on Tuesday

Shares of Roku (NASDAQ: ROKU) tumbled on Tuesday, sliding as much as 6.9%, and were down 6.5% as of 2:25 p.m. EDT today. On Tuesday, many growth stocks like Roku were giving up some of the sharp gains they've seen in recent trading days. Roku's recently announced 15-minute weekly entertainment program, Roku Recommends, attempts to build on the momentum its seeing in its Roku Channel.

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