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Roku Stock Retreats After Device Maker’s Roaring IPO

The scrappy independent streaming-platform developer has been able to beat Goliaths in the tech biz. Roku had 37% share of all streaming devices owned by U.S. broadband households in the first quarter of 2017, according to research firm Parks Associates. That put it as the No. 1 brand in the product segment, ahead of Amazon Fire TV and Fire TV Stick (24%), Google’s Chromecast (18%) and Apple TV (15%).

From the article "Roku Stock Retreats After Device Maker’s Roaring IPO" by Todd Spangler.

Previously In The News

Third Of US Broadband Households Have Multiple OTT Packs

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Majority Of Smartwatch Owners Have Paid Music Streaming Sub

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Roku pushes into the audio wars with $200 speakers made just for your television

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Streaming Service Stacking Continues; OTT Providers Face Challenges in Growing Market

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