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Roku warns of ad-supported streaming competition, stock slides

Roku (ROKU) stock is trading lower on Friday as the company cautioned that the financial advantages stemming from price hikes are beginning to dissipate. The streamer also warned that heightened competition in the ad-supported streaming space could create a significant headwind.

Yahoo Finance's Seana Smith and Brad Smith break down the details.

For more expert insight and the latest market action, click here to watch this full episode of Morning Brief.

This post was written by Angel Smith