Roku Plunges on Guidance. Is the Stock a Buy on the Dip?

Shares of the streaming company are down 25% this year.After trading above $470 per share back in 2021, Roku (ROKU 5.63%) stock eventually lost over 90% of its value, and it has continued to struggle to reignite investor enthusiasm. And things got worse last week after the stock plunged following the streaming platform's third-quarter results.The latest sell-off has left its shares down 25% year to date. Let's take a closer look at the company's report to see if this is a buying opportunity or if investors ...