Shares of Roku sank more than 9 percent on Thursday as traders reacted to a report that Amazon is planning to expand its streaming service.
Shares of Roku sank more than 9 percent on Thursday as traders reacted to a report from Cheddar that Amazon is planning to beef up advertising on its streaming TV products. Meanwhile, Guggenheim downgraded the stock Thursday morning.
As is common for analysts to worry about Amazon being a larger presence and potential disruptor in any space, Guggenheim downgraded Roku to a neutral from buy and lowered its target from to $72 from $77.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Roku drops after report says Amazon is turning up the heat on streamingAmazon is reportedly planning a 'vast expansion' of its free streaming service on Fire
Leer más »
Mackenzie Bezos says she is going to give Jeff 75% of her Amazon sharesTogether Jeff and Mackenzie Bezos own 78.8 million shares of Amazon, good for a 16.05% stake in the company.
Leer más »
Amazon Web Services to open Latin America computer center in ColombiaAmazon Web Services (AWS), a unit of Amazon.com Inc, said on Thursday it will op...
Leer más »
Amazon Web Services to open infrastructure location in ColombiaAmazon Web Services (AWS), a unit of Amazon.com Inc, said on Thursday it will op...
Leer más »
26 Unique Handmade And Custom Gifts You Can Get On AmazonThe Amazon section you've been sleeping on.
Leer más »
6 Beautiful Vintage-Inspired Accent Chairs on AmazonYou don’t always need to scour antique stores for the perfect vintage accent chair — Amazon offers plenty of great vintage-inspired options.
Leer más »
31 Products On Amazon Our Readers Are Loving Right NowDeathly strong coffee, a toilet night light, a corgi butt mousepad, and 28 other favorite products from our recent posts.
Leer más »
National Enquirer: Bezos' girlfriend's brother 'single source' for reportsThe publisher of the National Enquirer on Sunday said its reports on Amazon Chie...
Leer más »
5 things to know for April 1: Campaign 2020, Amazon, aid cut, Venezuela, Slovakia5 things for Monday: - Campaign 2020 - Amazon - Aid cuts - Venezuela - Slovakia
Leer más »