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The Simple Reason Why I Won't Buy Roku Inc.

October 02, 2017

Roku (NASDAQ:ROKU) went public on Sep. 28, its stock surging nearly 70% from its IPO price of $14 per share. The stock hit almost $30 the following day, but subsequently pulled back to the low $20s.

On the surface, Roku's numbers look solid. Its total revenue rose 25% to $399 million last year, and grew another 23% annually during the first half of 2017. It dominated the US streaming media player market during the first quarter of 2017 with 37% market share according to Parks Associates.

From the article "The Simple Reason Why I Won't Buy Roku Inc." by Leo Sun.

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The Simple Reason Why I Won't Buy Roku Inc.

Previously In The News

MDU Property Owners Turn to Cambium Networks for Reliable Wi-Fi That Increases Revenue, Satisfaction, and Retention

New Google Nest Cam, Doorbell appear in stores early

12 Home Security System Myths That Make You Worry (But Aren’t True)

Google Home web app adds unified device controls

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