Roku thinks Amazon is betting big on TV ads streaming



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Anthony Wood, founder and CEO of Roku Inc.

David Paul Morris | Bloomberg | Getty Images

Anthony Wood, founder and CEO of Roku Inc.

Roku's shares lost more than 9% on Thursday, as traders reacted to a Cheddar report that Amazon is considering boosting advertising on its streaming TV products. Meanwhile, Guggenheim downgraded the title on Thursday morning.

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