Shares of Roku jumped 1.78% to $331.61 at 15:03 EST on Thursday, following yesterday’s upward trend. The Nasdaq Stock Market is jumping 0.68% to $12,744.50, after three sequential sessions in a row of gains. This seems, so far, a somewhat positive trend trading session today.
Roku’s last close was $325.82, 6.18% below its 52-week high of $352.12.
News about Roku today
Stocks making the biggest moves in the premarket: accenture, general mills, rite aid, Roku & more. According to today’s article on CNBC, "Roku rose 7% in premarket trading as of 7:30 a.m. ET.", "Roku had been the only streaming platform not to carry HBO MAX, which launched in May, but the two sides finally came to terms on a carriage agreement. "
Roku torments entertainment giants in quest to dominate streaming. According to today’s article on The Wall Street Journal, "Roku Inc. had yet to reach an agreement with WarnerMedia that would let it stream the highly anticipated, big-budget spectacle-or anything else appearing on HBO Max-to its millions of customers. ", "Roku was long viewed as the scrappy startup that invented the streaming-media player. "
Roku’s sales growth is 47% for the current quarter and 42.4% for the next. The company’s growth estimates for the ongoing quarter and the next is 30.8% and 26.7%, respectively.
Year-on-year quarterly revenue growth grew by 73.1%, now sitting on 1.54B for the twelve trailing months.
Roku’s Stock Yearly Top and Bottom Value
Roku’s stock is valued at $331.61 at 15:03 EST, below its 52-week high of $352.12 and way higher than its 52-week low of $58.22.
Roku’s Moving Average
Roku’s value is way higher than its 50-day moving average of $262.19 and way above its 200-day moving average of $185.80.
Previous days news about Roku
At&t forges deal to get HBO max on Roku after long impasse. According to Bloomberg Quint on Wed Dec 16, ""Reaching mutually beneficial agreements where Roku grows together with our partners is how we deliver an exceptional user experience at an incredible value for consumers and we are excited by the opportunity to deepen our longstanding relationship with the team at WarnerMedia," Roku executive Scott Rosenberg said in a statement.", "The agreement makes it easier for Roku’s tens of millions of U.S. users to access the streaming service, which AT&T’s WarnerMedia launched in May. "
Roku signs deal to carry HBO max, ending standoff. According to The Wall Street Journal on Wed Dec 16, "The standoff with HBO Max is one of several Roku has had with media companies. ", "Roku is the leading streaming-app distributor in the U.S., with some 46 million active accounts and 38% of the market including set-top devices and software that powers smart TVs."
: Roku announces HBO max is coming to service. According to MarketWatch on Wed Dec 16, "Up until now, the companies had yet to reach a deal, causing concern that Roku would miss out on content like "Wonder Woman 1984," that debuts on HBO Max and theaters Christmas Day. ", "Roku Inc. and WarnerMedia, which is owned by AT&T Inc. , said Wednesday they reached an agreement to have HBO Max content stream to Roku devices. "
HBO max is finally landing on Roku devices and tvs starting on Thursday, just in time for the "wonder wOman 1984" release on christmas day. According to Business Insider on Wed Dec 16, "Roku was the last platform to not offer HBO Max, as Axios points out.", "HBO Max will launch on Roku devices starting on Thursday, just in time for the release of "Wonder Woman 1984" next week, according to a Wednesday press release."
Stocks making the biggest moves after the bell: Roku, Amgen & more. According to CNBC on Wed Dec 16, "Roku – Roku shares rose more than 3% after the company announced it struck a deal to carry HBO Max on its platform."