Down 88%, Will Roku Ever Hit All-Time Highs Again?

Streaming platform provider Roku (NASDAQ: ROKU) was one of the biggest winners of the early COVID-19 pandemic days, with shares reaching nearly $500 at the peak. However, the stock is now down by about 88% from the highs, and many investors are wondering if it will ever see those levels again. Here's what two Fool.com contributors have to say about it.

*Stock prices used were the morning prices of July 23, 2024. The video was published on July 25, 2024.

Matt Frankel has no position in any of the stocks mentioned. Rick Munarriz has positions in Roku. The Motley Fool has positions in and recommends Roku. The Motley Fool has a disclosure policy . Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.