The market rallied as 2023 closed out, but it wasn't quite enough to get us out of this bear market, at least officially. Stocks initially jumped on the promise of future interest rate action, but so far many companies are still feeling the impact of current monetary policy. So valuations of many stocks remain reasonable right now.One prime example is streaming stock Roku (ROKU -0.69%), which trades at an 80% discount to its previous highs. It's fair to say that the previous high was unreasonable, but where ...

The most recent trading session ended with Roku (ROKU) standing at $86.05, reflecting a -0.69% shift from the previouse trading day's closing. The stock's performance was behind the S&P 500's daily gain of 0.08%. Elsewhere, the Dow lost 0.31%, while the tech-heavy Nasdaq added 0.02%.The the stock of video streaming company has fallen by 15.78% in the past month, lagging the Consumer Discretionary sector's gain of 0.78% and the S&P 500's gain of 3.52%.Investors will be eagerly watching for the performance of ...

The most recent trading session ended with Roku (ROKU) standing at $87.91, reflecting a +1.5% shift from the previouse trading day's closing. The stock outperformed the S&P 500, which registered a daily loss of 0.34%. Meanwhile, the Dow gained 0.03%, and the Nasdaq, a tech-heavy index, lost 0.56%.The the stock of video streaming company has fallen by 15.39% in the past month, lagging the Consumer Discretionary sector's gain of 2.07% and the S&P 500's gain of 2.56%.Analysts and investors alike will be keepin ...

Roku will launch a new series of TVs in the United States in the spring.The new Roku Pro Series will join the company’s existing Roku Select and Plus Series TVs, Roku said in a Wednesday (Jan. 3) press release.“Roku Pro Series’ picture and audio quality, polished design, unique features and ease of use bring the market leadership and innovation that Roku is known for to a TV made for streaming,” Chris Larson, vice president of retail strategy at Roku, said in the release. “As we hit 10 years of the Roku TV ...

SAN JOSE, Calif.--(BUSINESS WIRE)--This year, the Roku TV program, which features the #1 TV streaming platform in the U.S.*, is marking 10 years of providing an exceptional streaming experience. Since its launch in 2014, the Roku TV licensing program has expanded exponentially, now including models from over 25 global TV partners with a wide range of 2k to 8k to OLED models in a variety of sizes, as well as Roku-branded TVs that launched in early 2023. The company’s focus on delivering a seamless, best-i ...

The #1 TV streaming platform in the U.S. expands its award-winning lineup of TVs with the Roku Pro Series, delivering premium features and best-in-class quality and technology. (Graphic: Business Wire)The #1 TV streaming platform in the U.S. expands its award-winning lineup of TVs with the Roku Pro Series, delivering premium features and best-in-class quality and technology. (Graphic: Business Wire)SAN JOSE, Calif.--(BUSINESS WIRE)--Today, Roku (Nasdaq: ROKU), the #1 TV streaming platform in the U.S.*, anno ...

Media-streaming technology expert Roku (ROKU -2.59%) made a robust comeback in 2023. The stock more than doubled, with a 128% gain in 52 weeks. Yet, that big jump barely made a dent in the damage Roku's shares took in 2021 and 2022. All told, share prices remain more than 80% below the all-time highs from the summer of 2021.So I keep buying more Roku stock in this deep market trough. Roku is one of the clearest long-term growth stories in the market today, similar in many ways to former corporate parent Net ...

In March, connected-TV platform company Roku (ROKU -0.76%) did something it hadn't done before: It started selling branded smart TVs of its own design and manufacture. Now entering the holiday season, the company hopes its smart TVs are a big hit.For consumers, this might seem like a big step up for Roku. The company started by selling small devices that plug into TVs, allowing them to stream video content from the internet. Then, it partnered with TV manufacturers to power their TVs with the Roku operating ...

There's no denying the challenges investors faced in 2022, but this year is coming to a close in stark contrast to its predecessor. After shedding 35% of its value last year, the Nasdaq Composite has come roaring back, soaring 42% through late December.There's more good news. Going back to 1972 -- the first full year the Nasdaq traded -- in every year after a market recovery, the tech-heavy index has continued its upward trend, rising 19%, on average, which suggests that 2024 will be another good year for i ...

Roku, Inc. (NASDAQ:ROKU) Q3 2023 Earnings Conference Call November 1, 2023 5:00 PM ET Company Participants Conrad Grodd - Vice President of Investor Relations Anthony Wood - Founder and Chief Executive Officer Dan Jedda - Chief Financial Officer Charlie Collier - President, Roku Media Mustafa Ozgen - President, Devices Conference Call Participants Cory Carpenter - JPMorgan Michael Nathanson - MoffettNathanson Jason Helfstein - Oppenheimer Shweta Khajuria - Evercore ISI Ruplu Bhattacharya - Bank of America S ...