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Why Roku Stock Fell 15% in April

Jeremy Bowman, The Motley Fool
·3 min read
Why Roku Stock Fell 15% in April

Shares of Roku (NASDAQ: ROKU) were pulling back last month as investors responded to a mixed bag of news items, including a middling earnings report from the leading streaming distribution platform. As you can see from the chart below, Roku shares were volatile throughout the month, with a slide in the second half of the month that seemed to start after Netflix reported earnings. Roku kicked off the month with some good news as it said that the Disney+ ad-supported plan was now available on its devices, ending a monthslong dispute with the entertainment giant.

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