This Could Be the Biggest Streaming Winner of the Stock Market Sell-Off

·4 min read
This Could Be the Biggest Streaming Winner of the Stock Market Sell-Off

Having lost 10% of its value in the first 20 days of September, Roku (NASDAQ: ROKU) is a booming business that should be on your radar. Roku's founder and CEO Anthony Wood has built a three-sided ecosystem that consists of viewers who want all of their entertainment options in one place, content companies trying to reach the biggest audience, and advertisers seeking to target consumers that they can't reach on traditional TV. Revenue of $645 million in the most recent quarter was 81% higher than Q2 2020, and Roku now has 55.1 million active accounts, demonstrating its ongoing success.

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