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Roku shares crater after company misses on earnings and warns of ‘recessionary fears’

by Editor July 31, 2022, 10:53 pm 1.7k Views

Roku shares crater after company misses on earnings and warns of 'recessionary fears'

A video sign displays the logo for Roku Inc, a Fox-backed video streaming firm, in Times Square after the company’s IPO at the Nasdaq Market in New York, September 28, 2017.

Brendan McDermid | Reuters

Roku shares plummeted more than 25% in extended trading on Thursday after the company missed expectations on the top and bottom lines for its

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and warned of “an economic environment defined by recessionary fears.”

Here’s how the…

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