In many respects, Roku (ROKU 0.78%) stock is a victim of varying expectations. Pandemic-driven optimism about its business model took shares to a high of more than $490 per share in 2021 before higher spending and falling expectations wiped out more than 90% of its value at one point. While Roku investors are somewhat more optimistic than they were at the low point, the stock still trades at more than 80% below its all-time high. However, Roku bulls such as Cathie Wood have predicted a significantly higher ...