Roku gets hit hard in streaming wars

Dan Gallagher for The Wall Street Journal:Roku is one of the smallest soldiers in the so-called streaming wars. It may also have one of the biggest targets on its back.
The maker of TV-streaming devices registered a stock decline of 16% Thursday after reporting third-quarter results the previous day… The company’s revenue forecast for the fourth quarter was deemed a disappointment, with the midpoint suggesting 39% growth from a year earlier, barely above Wall Street’s targets.