Roku fell over 4% in premarket trading as International Trade Commission banned import and sale of Roku Products

Tiger Newspress2021-12-15

Roku fell over 4% in premarket trading as International Trade Commission banned import and sale of Roku Products.

Universal Electronics Inc. (“UEI”) (NASDAQ: UEIC), the global leader in wireless universal control solutions for home entertainment and smart home devices, today announced that the United States International Trade Commission (“ITC” or the “Commission”) publicly issued its favorable final determination in UEI’s patent infringement case against Roku, Inc. (“Roku”), concluding several Roku products infringe a UEI patent and barring the importation and sale of those products. The orders will become final on January 9, 2022, following the expiration of a Presidential review period.

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精彩评论

  • xavjy
    2021-12-15
    xavjy
    Ok
  • mark01bravz
    2021-12-15
    mark01bravz
    Screenshot for proof.
  • mark01bravz
    2021-12-15
    mark01bravz
    Just know that this is already old news. It is already reported by Reuters on 12 November.
  • MHh
    2021-12-15
    MHh
    [Surprised] 
  • Pluto891
    2021-12-15
    Pluto891
    free fall coming
  • mark01bravz
    2021-12-15
    mark01bravz
    The ITC's Wednesday order blocks Roku from importing certain televisions, streaming devices, remote controls, and other products that infringe the remote-control patent, including the Roku Soundbar and Roku Ultra but excluding "revised" versions of them. The commission also said two other patents UEI accused Roku of infringing are invalid.
    • CrystalRose: 
      I made a choice of selling roku almost at all time low after buying at 199, thankfully I didn't make the wrong choice, since I use that money to buy some crypto which rebounded more.
    • FranklinMorley: 
      Longs continuing to hold this stock from $490 to down 58% to near 52 weeks lows today of $203.94. That's why longs stay poor by not doing their dd.
    • KittyBruno: 
      Roku weakness a buying opportunity reiterates positive rating and a $380 price target
    • MyrnaNorth: 
      It is stock marker correction. It is time to buy, not to sell ROKU or other tech stocks Long and strong on
    • LeilaLynch: 
      Unreal manipulation going on with this stock. On one hand, the single most frustrating long position I’ve ever had. On the other hand, probably the best upside opportunity if you look beyond the manipulation.
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