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ROKU Stock Heads For Fourth Month In The Green As Hardware Price Hikes Kick In Ahead Of Q2 Earnings

in5points
  1. Roku raised streaming device prices by up to $50 due to higher memory costs.

  2. Roku stock has been in positive territory for the past four months ahead of Q2 earnings.

  3. Higher memory costs are pressuring Roku's hardware business.

  4. The price hike is intended to offset cost pressures and maintain margins.