Shares of Roku rose 7.66% to $350.79 at 10:00 EST on Thursday, after two successive sessions in a row of losses. The Nasdaq Stock Market is jumping 0.5% to $12,658.20, after three consecutive sessions in a row of gains. This seems, as yet, a somewhat positive trend exchanging session today.
Roku’s last close was $320.14, 4.35% under its 52-week high of $336.17.
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 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 rose 7% in premarket trading as of 7:30 a.m. ET."
Roku’s sales growth is 47% for the ongoing quarter and 42.4% for the next. The company’s growth estimates for the present 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 $350.79 at 10:00 EST, higher than its 52-week high of $336.17.
Roku’s Moving Average
Roku’s worth is way higher than its 50-day moving average of $259.31 and way above its 200-day moving average of $184.79.
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, "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. ", ""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."
Roku signs deal to carry HBO max, ending standoff. According to The Wall Street Journal on Wed Dec 16, "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.", "The standoff with HBO Max is one of several Roku has had with media companies. "
: 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 shares climbed 4% after hours, following a 1.8% gain to close at $325.82 in the regular session. "
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, "Users with the Roku TV platform will be able to download HBO Max and access shows and movies from brands like HBO, Warner Bros., and DC. ", "Roku was the last platform to not offer HBO Max, as Axios points out."
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."