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Tech Today: Warming to Roku, Defending Autodesk, Cheers for Veeva, Nutanix

Here are some things going on today in the world of tech: Shares of streaming pioneer Roku (ROKU) are up $1.61, or 4.5%,% at $37.60, after noted short-selling firm Citron Research  announced  that it is reversing its short call on the stock—first issued just after the company’s November IPO—after concluding the stock is undervalued relative to peers in the “over the top,” or OTT, video market. In a report posted online, with no byline, the firm notes Roku shares are "trading at the largest discount ever to OTT peers despite being the only OTT pure play that generates ad revenue." The authors point out Roku's multiple of enterprise value to sales relative to Netflix (NFLX) and ad broker Trade Desk (TTD) is so low that Roku "has gone from the most expensive to by far the cheapest" segment play.