Roku Lost More Money in 2023 Than Ever Before. Here's 1 Reason to Sell and 1 Reason to Buy Hand Over Fist.

For investors who like big, fat net profits, connected-TV platform company Roku (ROKU 1.88%) is a stock to steer clear of. After posting its first full-year net profit in 2021, the company followed it up in 2022 with a record loss of $531 million.In 2023, Roku beat this record with a new record loss of $710 million. For shareholders, it's a disheartening chart to look at for sure. Of course, looking at Roku's net loss in isolation won't lead to anything actionable for investors. They must understand why the ...