Roku, Inc. (NASDAQ:ROKU) shares are trading lower Thursday. The company is set to report second quarter earnings after the market close.
What To Know: The company is expected to report a loss of $1.27 and revenue of $773.43 million.
According to data from Benzinga Pro, ROKU stock experienced above-average trading volume of 9.06 million shares on Thursday compared to its average volume of 6.75 million.
Roku also has increased short interest with 11.23% of shares currently sold short.
Morgan Stanley analyst Benjamin Swinburne reiterated Roku with a Underweight and maintained the $50 price target.
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ROKU Price Action: Shares of ROKU were down 4.51% at $68.25 at the time of publication, according to Benzinga Pro.
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