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Roku Stock Falls After Company Says It May Remove Fox Apps

January 31, 2020
Mark Zgutowicz

Roku stock is falling after the company said on Friday it may take Fox apps off its streaming platform.

“Roku is acting from a position of strength, leveraging its leading OTT viewership,” Rosenblatt Securities analyst Mark Zgutowicz wrote in a note to clients Friday. “We are buyers of the stock on weakness here.”

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