|Bid||46.50 x 100|
|Ask||47.63 x 200|
|Day's range||46.50 - 48.70|
|52-week range||15.75 - 51.80|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
While it's been a muted year for tech IPOs, the companies that have gone public are all paying close attention to Amazon.
Google says that it's pulling YouTube from Amazon's streaming device due to a "lack of reciprocity."
The leader in streaming media set-top boxes saw its stock more than double in November. A strong earnings report was just the start of the good times.
Stocks were slightly higher in early morning trade Tuesday. IBD 50 member Thor Industries surged to new highs.
Roku Inc. stock surged Monday during the regular session to close up 18% to $46.52, a new record for the streaming device and operating system company. In a note to clients Monday, Needham analyst Laura ...
Both the S&P 500 and the Dow Jones Industrial Average were up less than 0.1%, while the Nasdaq was falling less than 0.1%. Shares of Time Inc. (TIME) were climbing 8.9% on news that Meredith (MDP), up 6.5%, will buy the publisher for $18.50 a share. Ciena (CIEN) is up 3.8% after Bank of America Merrill Lynch upgraded it to Buy from Neutral.
Anthony Wood, who incubated streaming-media company Roku while working at Netflix, has become a billionaire after the company’s stock has more than doubled in three days.
While much of the focus on OTT has been on ad-free networks like Netflix, companies like Roku and Beachfront Media are quiety creating a multimillion dollar business around ad-supported OTT. A look inside this booming market and why it is destined to be the wave of the future.
Shares of recent IPO Roku spiked to a third record high in as many days on Tuesday, but one Wall Street firm thinks the rally is overdone.
Roku’s stock price has nearly doubled since the start of the month, and one analyst thinks the rally has gone too far. Oppenheimer’s Jason Helfstein downgraded Roku shares to Underperform on Tuesday, noting that the stock looks pricey after its huge rally. Investors seem to be focusing more on Roku’s faster growing platform segment, which includes components like ad revenue.
Oppenheimer on Tuesday lowers its rating to underperform from perform for Roku shares, citing the company's excessive valuation.
Buffalo Wild Wings, Dick's Sporting Goods, Amazon and Roku are among the stocks to watch.
The company said the licensing partnership with Japan's Funai Electric Co Ltd, which manufactures Philips N.V. televisions for North American, would place its operating system on Philips' smart TVs. Roku also said that it would give a $20 discount on its $69.99-priced streaming stick for the Black Friday weekend, and separately said its customer would get a free one-month trial of AT&T Inc's streaming service DirecTV Now. The barrage of news was well received by investors, who sent Roku's shares jumping 28.5 percent to close at $42.71 on Monday.
Analytics company S3 Partners today wants you to know that the 122% rise in shares of newly public streaming media pioneers Roku (ROKU) since its earnings report on Wednesday is a product of bullish investors piling on, not a results of the shorts running for cover. Writes the firm’s managing director for predictive analytics, Ihor Dusaniwsky, ROKU’s short interest has increased since its IPO, but has remained relatively flat in November. There was no short covering in size that would explain ROKU’s 130% price move [in the past three days], the price move was solely due to long shareholders bidding up ROKU’s stock price.
As Roku emphasizes its future in streaming, its shares have jumped more than 125% since the Silicon Valley firm reported earnings for the first time last Wednesday.
Shares of streaming video firm Roku have risen nearly 127% since the company's third-quarter earnings report late Wednesday.