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. Stock
€634.40
1.570%
Our community is currently high on Netflix Inc. with 80 Buy predictions and 7 Sell predictions.
With a target price of 649 € there is a slightly positive potential of 2.3% for Netflix Inc. compared to the current price of 634.4 €.
