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Why Roku Inc Stock Popped Monday


Why Roku Inc Stock Popped Monday

Shares of Roku (NASDAQ: ROKU) surged higher on Monday, rising as much as 15.2%. The stock is up 10.3% at the time of this writing.

While the stock's rise follows a bullish trend in the wake of Roku's better-than-expected third-quarter earnings report last week, suggesting the move could reflect extended enthusiasm about the quarter, two press releases from Roku on Monday probably helped, too:

Image source: Roku.

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Source: Fool.com

Roku Stock

€53.13
-1.260%
We can see a decrease in the price for Roku. Compared to yesterday it has lost -€0.680 (-1.260%).
Currently there is a rather positive sentiment for Roku with 33 Buy predictions and 7 Sell predictions.
With a target price of 93 € there is a hugely positive potential of 75.04% for Roku compared to the current price of 53.13 €.
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