Why Roku Stock Climbed 33% Last Month
Shares of Roku (NASDAQ: ROKU) were moving higher last month as the streaming-device maker gained on a new partnership and flexed its muscles in negotiations with new streaming services.
According to data from S&P Global Market Intelligence, the stock finished July up 33%. As you can see from the chart below, nearly all of those gains came in the early part of the month on the above news items.
Source Fool.com