A Netflix-Roku Deal Isn't Going to Happen
The Wall Street rumor mill went into overdrive Wednesday.
Shares of Roku (NASDAQ: ROKU), the leading streaming-device maker, jumped 9.1% on talk of an acquisition by Netflix (NASDAQ: NFLX), the leading streaming service.
According to Business Insider, Roku employees have been buzzing about a possible acquisition, focusing their attention on Netflix -- in response to management closing down all employee trading of the stock, a sign that it could have big news to share.
Source Fool.com
