Why Roku, Dutch Bros, and Etsy Stocks Plunged on Friday

Why Roku, Dutch Bros, and Etsy Stocks Plunged on Friday

A government jobs report was the catalyst for another broad-based sell-off on Wall Street to close out an already volatile week. The data suggested the Federal Reserve will continue to increase interest rates to get runaway inflation under control. With that as a backdrop, a number of consumer-facing stocks took it on the chin today.