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Why Is Roku's Stock Trading Lower Today?

April 30, 2021 12:55 pm
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Why Is Roku's Stock Trading Lower Today?

Roku, Inc. (NASDAQ:ROKU) shares are trading lower following a report the YouTubeTV app was removed from the company's channel store amid a contract dispute with Google.

Reports also indicate YouTube says the company has been working with Roku to renew our deal to distribute YouTube TV on their devices.

Roku operates a TV streaming platform. The company operates in two segments, Platform and Player.

Roku's stock was trading down 3% at $345.73 per share at the time of publication. The stock has a 52-week high of $486.72 and a 52-week low of $100.19.

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