$Roku Inc(ROKU)$ This is not good, and as I tried to post repeatedly over and over since 18 months ago in the high $400s.
Roku's Growth, revenues are slowing and cost are going up.
$764.4 million in revenue Q2
Expected $700 million for Q3 with more loss per share.
I keep also mentioning about this. Ads for large companies are going to DROP. Money spent on Advertising will DROP.
Most of Roku's money is based on Advertising.
This will not end good for at least a year.
This is why I should have waited. Not sure if sell for a lost, or ride it out.
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Ok