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Technology Stocks : Roku
ROKU 344.02-0.1%3:59 PM EDT

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From: zax5/9/2019 1:09:09 PM
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Roku, Inc. (ROKU)
81.93 +17.01 (+26.20%)

Roku Stock Is Soaring Because It’s Trouncing Tech Giants Like Apple and Amazon

Roku stock was up 23% Thursday as Wall Street gushed about the company’s soaring number of users and growing advertising revenue.

Roku (ticker: ROKU) is now the No. 1 smart TV system in the world, the company announced. More than one in three TVs sold in the U.S. in the first quarter used its operating system. That’s up from one in four a year ago. Given trends in TV sales, there’s reason to believe that Roku could increase its share even more.

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