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Roku Inc. engages in the provision of a streaming platform for television. It operates through the following business segments: Player and Platform. Read More The Player segment consists of net sales of streaming media players and accessories through retailers and distributors, as well as directly to customers through the company's website. The Platform segment includes fees received from advertisers and content publishers, and from licensing the company's technology and proprietary operating system to service operators. The company was founded by Anthony J. Wood in October 2002 and is headquartered in Los Gatos, CA.
Los Gatos, California
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Roku stock closes at record high for fourth consecutive session, market cap above $10 billion
Roku Inc. ROKU, +6.45% shares jumped another 6.2% Friday to close at $95.78, establishing a new record high for the fourth consecutive session. Roku stock has been on a roll since the streaming-television company reported strong revenue growth on May 8, gaining 47.5% since that date. For the week, Roku stock increased 14%, after jumping 27.3% in the week of its first-quarter earnings report. Shares have now more than tripled in 2019, gaining 212% this year as the S&P 500 index SPX, +0.14% has gained 12.6%. ...
Seeking AlphaMay 23
Digging Deeper Into Roku To Justify Its Valuations
Roku (ROKU) has almost tripled from its $30.64 level entering 2019 and would be worth over $10 billion in market cap after its pending secondary according to an SEC filing released last week.
Harry Boxer’s three stocks to watch include Roku
Three stocks that had been digesting recent gains now appear to be on the rise again. ArQule Inc. ARQL, +2.25% gained 42 cents to $7.17 on 2.6 million shares traded Tuesday. The move came on no news from the biopharmaceutical company. The stock broke out of a month-long wedge pattern last week and backed off before Tuesday’s move. It edged above resistance at the July high of $7.21 intraday. A follow-through could get it to $8.50 next. Qudian Inc. QD, -2.33% jumped 95 cents to $7.09 on 10.9 million shares...
Expected Aug 7, After Hours