• Mon. Jul 22nd, 2024

Here’s Why Roku Stock Is Popping Off Today

ByHenry Khederian

Aug 11, 2022
Here's Why Roku Stock Is Popping Off Today


Roku Inc ROKU shares are trading higher by 8.94% to $88.33 Thursday morning as streaming-related stocks gain following Walt Disney Co DIS earnings. Disney also announced ad-supported subscription offerings.

Disney said fiscal third-quarter revenue jumped 26% year-over-year to $21.5 billion, which beat average analyst estimates of $20.49 billion.

Disney said it added 14.4 million Disney+ subscribers in the third quarter, bringing total subscribers up to 152.1 million. The average monthly revenue per paid subscriber for domestic Disney+ decreased from $6.62 to $6.27 in the quarter… Read More

According to data from Benzinga Pro, Roku has a 52-week high of $400.95 and a 52-week low of $62.00.


Image and article originally from www.benzinga.com. Read the original article here.