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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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Roku Stock Retreats After Device Maker’s Roaring IPO

Previously In The News

Is The Increasingly Crowded Streaming Marketplace Going to Turn Consumers Back to Piracy?

Samsung’s Peacock Standoff with NBCUniversal Shows Power of TV Makers

Netflix powers up theChive to promote Marvel's 'Iron Fist'

Content providers will take control of their OTT future

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