Why Is Roku Stock Soaring Today?

By Neil Rozenbaum – Sep 6, 2023 at 10:30AM

NASDAQ: ROKU

Roku

Market Cap

$9B

Today's Change

(0.31%) $0.19

Current Price

$61.44

Price as of May 17, 2024, 4:00 p.m. ET

A much-needed move by management should keep investors from selling Roku stock for now.

In this short video, I will talk about Roku (ROKU 0.31%) and why the stock was up close to 10% when the stock market opened on Wednesday.

*Stock prices used were from the trading day of Sept. 6, 2023. The video was published on Sept. 6, 2023.

Neil Rozenbaum has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Roku. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.