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Roku Stock Retreats After Device Maker’s Roaring IPO

October 02, 2017

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.

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About Parks Associates

Roku Stock Retreats After Device Maker’s Roaring IPO

Previously In The News

91% of viewers like streaming aggregation, survey says

Streaming is heading toward a breaking point with consumers

Netflix saw subscribers drop post-lockdown. But Disney+ might not face the same fate

On Hunt for Content, AT&T Closes Deal for Chernin’s Otter Media

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