Roku (NASDAQ:ROKU) Trading Down 8.3% - Here's What Happened

Market Beat
2025.03.12 13:14
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Roku, Inc. (NASDAQ: ROKU) saw its stock price drop by 8.3% during trading, closing at $70.27 after reaching a low of $68.99. The trading volume was significantly lower than average, at 1,488,528 shares. Analysts have mixed ratings, with price targets ranging from $100 to $129. The company reported a loss of $0.24 per share, beating estimates, and had revenue of $1.20 billion. Insider trading activity included significant sales by executives. Institutional investors have also increased their stakes in Roku recently.