Roku Shares Slip on Q1 Guidance

Roku shares were down almost 22% in after-hours trading Wednesday night as investors were apparently jittery about Q1 guidance that fell below expectations and concerns about whether the streaming specialist can keep its growth engine stoked.As for the cause of the stock drop, Roku said sales in Q1 would be in the range of $120 million to $130 million, versus analyst expectations of $132 million, according to Bloomberg.

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