|Bid||84.06 x 1000|
|Ask||84.12 x 800|
|Day's Range||82.14 - 86.49|
|52 Week Range||72.63 - 490.76|
|Beta (5Y Monthly)||1.83|
|PE Ratio (TTM)||40.60|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Streaming platform Roku (NASDAQ: ROKU) and retail giant Walmart (NYSE: WMT) recently announced a partnership to bring interactive ads to Roku users. Wall Street isn't giving Roku much fanfare; the stock has fallen 13% over the past month. It will target you with ads for products you're likely to want, based on the first-party data Roku collects from you.
There's little question that the first half of 2022 was brutal for investors, ending with both the S&P 500 (SNPINDEX: ^GSPC) and the Nasdaq Composite Index (NASDAQINDEX: ^IXIC) in bear market territory. Amazon, MercadoLibre, and Roku haven't been immune -- they're down 42%, 66%, and 82%, respectively, from the highs they hit last year.
As Netflix (NASDAQ: NFLX) prepares to launch its ad-supported tier, rumors have swirled that an acquisition could be in the company's future to make the transition easier. One company that analysts have repeatedly mentioned as an option is the hardware and streaming service Roku (NASDAQ: ROKU). At the Cannes Lions advertising festival on June 23, Netflix Co-CEO Ted Sarandos confirmed that the company would launch an ad-supported tier soon.