Could Roku Be a Millionaire-Maker Stock?

Roku (NASDAQ: ROKU) minted a lot of millionaires in its first four years as a public company. The streaming device and software maker went public at $14 on Sept. 28, 2017, and it soared 3,325% to its all-time high of $479.50 on July 26, 2021. A $30,000 investment in its IPO would have blossomed to $1.03 million.But today, Roku only trades at about $64. That same investment would have withered to roughly $137,000 as the company disappointed its investors with its slowing growth, shrinking moat, and persistent losses. Rising interest rates also squeezed its valuations.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool