Why Roku, FuboTV, and Others Followed Netflix So Much Lower Today

·3 min read
Why Roku, FuboTV, and Others Followed Netflix So Much Lower Today

Ringleader Netflix (NASDAQ: NFLX) led the charge, losing nearly 22% following alarming news regarding its probable subscriber growth. Shares of fellow streaming industry cohort Roku (NASDAQ: ROKU) tumbled more than 9% as well on Friday, however, as investors extrapolated Netflix's news.

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