Roku ROKU shares are trading higher on Thursday.
The strength is potentially related to concerns of the growing number of U.S. coronavirus cases, which could lead to theater and venue closures and benefit streaming companies.
Roku manufactures digital media players which allow customers to access Internet streamed video or audio services through televisions.
Roku's stock traded up 6.48% to $142.42 per share at the time of publication on Thursday. The stock has a 52-week high of $176.55 and a 52-week low of $58.22.
Related Links:
Bullish Roku Analyst Weighs Coronavirus Impact, Says Platform Is 'Winning Aggregator' In Streaming
Here's How Much Investing $1,000 In Roku's 2017 IPO Would Be Worth Today
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.