Roku Still Dominates Streaming Devices But Joining Roblox in Stock Slump Despite Soaring User Growth
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Roku (ROKU) pioneered the streaming device market and still dominates with 51% global market share, but stock is down 82% from 2021 highs.
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Management prioritized user growth over profits during inflation by holding prices steady, boosting users 34% since 2021.
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Roblox (RBLX) operates a platform where users create & monetize games; daily active users hit new high of 70M in Q3, up 20% year-over-year.
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Roblox revenue grew 38% and developers earned $590M in 2022, showing strong engagement and monetization.
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Both Roku and Roblox stocks are down ~70% from all-time highs but have massive long-term potential as digital advertising and AI opportunities unfold.