ROKU Stock Recent News
ROKU LATEST HEADLINES
Media-streaming technology innovator Roku (ROKU 1.69%) is always riding a roller coaster down Wall Street. As of April 23, the stock is trading 36% below its annual peak and 87% down from the all-time highs in the summer of 2021.
Roku (ROKU) closed the most recent trading day at $65.75, moving +1.7% from the previous trading session.
ROKU launches a new device line-up, but with the device business still being under pressure, investors can consider holding the stock for now.
Entertainment and tech shares followed markets higher extending a rally sparked by President Trump floating a possible détente in the China trade war and insisting he has no plan “whatsoever” to fire Jerome Powell after recently musing about the central bank chief's “termination.” Warner Bros.
Roku is updating its user interface to add features like a dedicated row for upcoming theatrical releases and more personalized sports highlights. The improvements to the “Roku Experience” were touted by execs along with a range of hardware and other features during a “global event” Wednesday morning in New York City.
SAN JOSE, Calif.--(BUSINESS WIRE)--Today, Roku, Inc. (NASDAQ: ROKU), the #1 TV streaming platform in the U.S., Canada, and Mexico*, unveiled a powerful new device lineup and software updates designed for streamers. Every day, the Roku Experience enhances television viewing for over 90 million households worldwide, including more than half of all broadband homes in the U.S. With a growing global footprint, Roku continues to lead the way in delivering innovative devices that make TV delightfully.
ROKU's bottom-line reversal may soon be here, as observed in the promising FY2025 guidance and FY2026 commentary, thanks to its improving operation scale & user monetization. The same has been observed in its promising performance metrics, with it underscoring its potential reversal from the prior cash burn. This is on top of its growing CTV/ streaming market share, as market analysts expect further advertising growth over the next few years.
Investors with an interest in Broadcast Radio and Television stocks have likely encountered both Fox (FOXA) and Roku (ROKU). But which of these two stocks offers value investors a better bang for their buck right now?
Warren Buffett has a big problem. Literally.
Roku (ROKU) closed at $58.46 in the latest trading session, marking a +0.1% move from the prior day.