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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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  • xavjy
    ·2021-12-15
    Ok
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    • xavjy
      ok
      2021-12-15
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  • mark01bravz
    ·2021-12-15
    Screenshot for proof.
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  • mark01bravz
    ·2021-12-15
    Just know that this is already old news. It is already reported by Reuters on 12 November.
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  • MHh
    ·2021-12-15
    [Surprised] 
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  • Pluto891
    ·2021-12-15
    free fall coming
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  • mark01bravz
    ·2021-12-15
    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.
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    • 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.
      2021-12-16
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    • 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.
      2021-12-16
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    • KittyBruno
      Roku weakness a buying opportunity reiterates positive rating and a $380 price target
      2021-12-16
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    查看更多 2 条评论
  • KL123
    ·2021-12-15
    Please like 
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  • seanisright
    ·2021-12-15
    but why
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    • Ivanami
      Market is illogical [Sad]
      2021-12-15
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  • Lightman95
    ·2021-12-15
    Lets goooo
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    • phtan68
      go go go
      2021-12-15
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  • Calvinq
    ·2021-12-15
    Positive on ROKU 🚀
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    • 3707edbb
      ok
      2021-12-15
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