2min chapter

Animal Spirits Podcast cover image

No Soft Landing (EP.282)

Animal Spirits Podcast

CHAPTER

Roku Ben Is in an 89% Drawdown. Did the Stock Go Negative?

Roku Ben was in an 89% drawdown when it reported earnings, which is not good. The stock fell 100 10%. I don't know why Netflix or someone doesn't buy them. Cryptocurrency is decreased 12%. These are all quote over quarter. All of these companies are aggressively cutting their expenses. If crypto comes back, these stocks are going to come back.

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