
Has the Market Bottomed? 7/29/22
Halftime Report
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Roku - The Worst Day Ever
The treaming stock missed earnings estimates, citing makrol head winds. Now alist are weighing in, and got down graded to inline at every corps and neutral over at susquehanna. At the time, a few years ago, it was trading at many, many turns on a price to sale basis, about 25. Today, it's down to two times after this uge, you know, from the 400 to toa 63. The summary of this is it's simply too expensive.
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