Roku Makes Nasdaq Look Good; Marathon Patent Climbs With Crypto Stocks
The stock market pushed higher at midday on Thursday, with the Nasdaq Composite (NASDAQINDEX: ^IXIC) moving still further into record territory and leading other major market benchmarks higher. As of 12:15 p.m. EST, the Nasdaq was up about half a percent.
Among the top performers in the Nasdaq-100 Index of top non-financial companies listed on the Nasdaq Stock Market, Roku (NASDAQ: ROKU) was a leader after making a big announcement. However, its gains paled in comparison to those of Marathon Patent Group (NASDAQ: MARA), which has taken a different angle on the cryptocurrency boom than some of the other plays investors have turned to as crypto token prices have risen.
Shares of Roku climbed 4% at midday on Thursday, after having been up as much as 8% and setting new all-time record highs. The streaming TV specialist locked in a deal to bring some more much-coveted video content to its platform.
Source Fool.com