Roku tumbles 11% as Wall St. gives thumbs down to latest report

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Roku tumbles 11% as Wall St. gives thumbs down to latest report
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Roku Inc's stock tumbled 11% on Thursday after the video streaming company ...

) stock tumbled 11% on Thursday after the video streaming company gave a quarterly report that Wall Street deemed not good enough to justify its sky-high valuation.

A major winner in the consumer shift away from cable television in favor of Netflix and other over-the-top services, Roku’s stock remains up over 300% this year, even after Thursday’s retreat.

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