On November 29, 2017, just weeks after its IPO priced at $14 ROKU traded as high as $50. Citron tweeted that the stock price had become a joke and will trade back to $28.
Sure enough ROKU traded back to $29 (can’t be perfect) and has subsequently bounced.
BUT NOW EVERYTHING HAS CHANGED, AND IT IS TIME TO REEVALUATE.
Read the full report here.