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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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About Parks Associates

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

Previously In The News

Smart home companies add brand equity and new tech in Q1 via acquisitions

Research: More Than Half of US Broadband Households Unfamiliar With 5G

In a crowded market, smaller streaming services must stand out — or perish

In -Home Health Monitoring Market Faces Near -Term Uphill Struggle

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