Market

5 Top Stock Decliners for Wednesday as Stocks Rebound



Stocks were rising Wednesday after the Federal Reserve said it would accelerate the taper of monetary stimulus and signaled three interest rate rises for 2022.

Here are some companies that took a hit on Wednesday.

1. Roku ROKU | Down 8.8%

Shares of Roku  (ROKU) – Get Roku, Inc. Class A Report tumbled after analysts at JPMorgan and Morgan Stanley cut their price targets on the streaming hub. JPMorgan lowered its price target to $315 from $435 while Morgan Stanley cut its target to $190 from $295.

2. Roblox RBLX | Down 10%

Shares of Roblox  (RBLX) – Get Roblox Corp. Class A Report slumped Wednesday after the gaming platform reported lower-than-expected user metrics. Monthly active users rose 35% to  and bookings 





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