The firm-fixed price contract has a five-year ordering period that will run through to June 2029 with a maximum value of $5.6 billion.
The 3D printer maker’s revenue fell 3% to $111 million compared to a year earlier and missed Wall Street’s estimated $115.2 million.
If the losses hold in Friday's session, it would mark the stock's worst day since Dec. 6.
BofA noted that Roku’s array of streaming devices and TVs on which it operates, along with its user-friendly software, has helped it amass a market-leading position and substantial user base.
BofA analysts reportedly suggested Ford may be "relatively less affected and could even benefit," given that imported models account for only about 20% of its total volume.
Based on the IPO price, the company will likely collect gross proceeds of $1.5 billion, giving it a valuation of about $19 billion based on the 473.48 million shares outstanding.
Wells Fargo said its agency checks revealed that the company’s e-commerce customers were 55%-60% net new to the brand.
Nippon will use the funds to rebuild US Steel’s aging manufacturing facilities.
The brokerage said that earnings prospects for the company’s new power generation services business seem "underappreciated."
Guggenheim said its most recent advertiser checks showed slower brand ad demand in March, with the trend likely to continue into the second quarter.
