Chris Lau
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Chris Lau in Value Stocks,

Stock of the Day: Roku

Previously thought to be the next DRYS, HMNY, or SNAP, Roku is bucking that trend. The company reported a solid quarter.

This group was wrong about the bearish calls against the company. It is not a Blue Apron (APRN) stock.

Roku lost $7.9M vs. the $12.7M loss expected.

Licensing and ad revenue impressed, rising 137% Y/Y. This is a high-profit segment of Roku's business.


$ROKU, Roku / H1

Roku stockholders will enjoy today's gains. The bad news and downside against it are gone.