Diamonds and Dogs

12/8/21

Roku (ROKU) jumping on deal with Google/YouTube. Roku is up 17% as the company struck a multi-year pact to make YouTube and YouTube TV available for all streamers on the Roku platform before their contract expired. Roku has 56 million active accounts while YouTube has more than 2 billion monthly users.

Stitch Fix (SFIX) getting hit following earnings. The online retailer is down 20% on mixed results and lower guidance. The company is in transition from personalized styling and outfits by subscription to a more traditional business where customers shop directly on the website. The reopening of the economy may not help either.

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