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Business

Roku drops the report that Amazon is investing heavily on streaming TV ads




  Anthony Wood, Founder and CEO of Roku Inc.

David Paul Morris | Bloomberg | Getty Images

Anthony Wood, founder and CEO of Roku Inc.

Shares in Roku sank more than 9 percent on Thursday as traders responded to a Cheddar report that Amazon is planning to remedy advertising on its streaming TV Products . Meanwhile, Guggenheim downgraded the warehouse Thursday morning.



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