Market check: Stocks in the green as S&P 500 heads for third straight day of gains

view original post

Motley Fool

Why Roku Stock Popped Today

Shares of the television streaming platform Roku (NASDAQ: ROKU) were rocketing higher today, potentially on several bits of news for the company, including some positive comments from an analyst, as well as comments made by Roku’s CEO in a recent interview. The video streaming stock was up by as much as 6.7% today and had gained 3.1% as of 12:29 p.m. ET. First, comments made yesterday by Needham analyst Laura Martin may be driving Roku higher after she said that Netflix’s move into an ad-based streaming tier could benefit Roku.