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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

Industry Voices—Hawley: Coronavirus piracy trends in the new normal

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

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The streaming wars are flooding us with TV

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To Invade Homes, Tech Is Trying to Get in Your Kitchen

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