Why Roku Stock Soared 21.7% Thursday

Shares of streaming-TV platform specialist Roku (NASDAQ: ROKU) skyrocketed at market open on Thursday, jumping as much as 21.7%. As of 9:38 a.m. EDT, the stock was up 20.5%.

The stock's gain follows Roku's second-quarter results. The bullish move is no surprise, as the company's revenue and loss per share were both much better than expected.

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