Roku Tumbles as Analysts See Competition From Apple and Amazon

The Roku 3 television streaming player menu is shown on a television in Los Angeles, California, U.S., on Thursday, Sept. 12, 2013.Photographer: Patrick T. Fallon/

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By Ryan Vlastelica

April 4, 2019 at 2:17 PM UTC

This article is for subscribers only.

Roku shares fell for a second straight session on Thursday as investors continued to fret over the risk of growing competition for the video-streaming platform, including from two of the biggest names on Wall Street.

Shares fell as much as 6.3 percent, building on a drop of 2.9 percent in the previous session. Despite the recent losses, shares remain up nearly 140 percent from a December low.