Roku Inc. Class A
407.09 - 425.99
63.84 - 425.99
Echofin Members Consensus
US Market US closed lower yesterday, ahead of the upcoming runoff elections in Georgia and amid growing coronavirus cases in the US. Roku dropped 4.3%. Reports emerged that the company is in advanced talks to acquire Quibi’s content catalog. On the flipside, FLIR Systems surged 19.2%, following news that the company will be acquired by Teledyne Technologies for around $8.0 billion in cash and stock. Magellan Health jumped 13.0%, after the company agreed to be bought by Centene for a cash consideration of $2.2 billion. Fiat Chrysler Automobiles rose 0.6%, after the shareholders of Peugeot parent, PSA Groupe, agreed to a merger between the two automakers making the deal worth $52.0 billion. Verizon Communications added 0.2%, after finalising a new distribution deal with local TV station operator, Hearst Television. The S&P 500 slipped 1.5%, to settle at 3,700.7. The DJIA fell 1.3%, to settle at 30,223.9, while the NASDAQ shed 1.5%, to close at 12,698.5. .
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Roku is a brand of digital media players manufactured by American company Roku, Inc. The devices offer access to streaming media content from various online services. The line was introduced in May 2008 with its first model, developed in collaboration with Netflix. The Roku series has been considered influential on the overall market for digital media players, helping to popularize the concept of low-cost, small form factor set-top boxes designed for over-the-top media consumption.
CEO: Anthony Wood
HQ: 1155 Coleman Avenue San jose, 95110 California