Roku Stock Surges on Amazon Partnership
Streaming stock Roku Inc (NASDAQ:ROKU) was last seen up 10% at $81.88, after the company announced a deal with Amazon.com (AMZN) to create a connected TV footprint. Combined, the two companies cover an estimated 80 million connected-TV households, and marketers will now be able to use Amazon's ad-buying system to reach that merged audience. On the charts, today's pop has ROKU reclaiming its year-to-date breakeven level and on track for its highest close since March 6. The shares have also now formed a bull ...