Roku's upcoming IPO will test investor appetite for consumer devices after Fitbit plunge
Roku is poised to test the public markets, but it first has a big question to answer: Why should investors be excited? Consumer devices have been a sinkhole for public investors of late. GoPro, the adventure camera company, has plunged 38 percent in the past year and is trading 63 percent below its IPO price from 2014. Fitbit has performed even worse,...