Roku Stock Has Already Doubled From Its IPO. How Does Its Valuation Look?
That went well. Streaming media player maker Roku (NASDAQ: ROKU) officially priced its initial public offering on Wednesday night at $14, the high end of the expected range listed in its amended S-1. Shares closed yesterday at $23.50, posting gains of 68% on the first day of trading, and are up another 19% today to around $28 as of 1:00 p.m. EDT. The stock even flirted with $30 in early trading.
After doubling in less than two days, how does Roku's valuation look?
Source: Fool.com
Netflix Inc. Aktie
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