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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

More People Listen To Music On Smartphones Than Make Calls, Study Finds

Android Pay Features, UK Release Date, How It Works

Report: Consumers’ Growing Appetite For Solar, Storage And Bundled Home Energy Services

68 Percent Smartphone Users Stream Music Daily: Study

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