According to CNBC, John Malone, Liberty Media Chairman says platforms like Apple, Amazon and Roku will dominate streaming and “that Roku, which aggregates content on its platform, is well-positioned for growth in the long run”

Shares of Roku rose 7.19% to $248.67 at 11:12 EST on Thursday. Lastast close was $230.9, below its 52-week high of $255.66.

Roku’s sales growth is 35.5% for the ongoing quarter and 34.2% for the next. The company’s growth estimates for the current quarter and the next is a negative 38.5% and a positive 24.4%, respectively.

Year-on-year quarterly revenue growth grew by 42.4%, now sitting on 1.35B for the twelve trailing months.

Roku’s stock is valued at $248.67 at 11:12 EST, below its 52-week high of $255.66 and way above its 52-week low of $58.22.

Roku’s value is way above its 50-day moving average of $210.03 and way higher than its 200-day moving average of $155.51.


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