Morgan Stanley downgrades Roku to underweight

Roku shares fell on Monday after Morgan Stanley issued a downgrade on the stock. Analyst Benjamin Swinburne argued that while Roku’s stock is up almost 400% year-to-date, the streaming company has “structurally lower gross margins”. Yahoo Finance’s Dan Roberts, Brian Cheung and Sibile Marcellus discuss on YFi AM. …read more

Source:: Yahoo Finance

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