Why Roku Stock Plummeted Again Today

Keith Noonan, The Motley Fool
·2 min read
Why Roku Stock Plummeted Again Today

Growth stocks got hit with another round of big sell-offs today, and Roku (NASDAQ: ROKU) was once again caught up in the pullback. Tech stocks soared last week after comments from Federal Reserve officials suggested that the central banking authority could take a softer approach to raising interest rates this month. Following last week's big gains, investors are once again taking a more cautious stance on the market, and Roku stock has now given up all the gains it posted across last week's trading.

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