Roku Extends Gains, With Stock Up 13% in 5 Days
03/21/2025 12:18 PM
Roku shares have extended their gains more than 3% on Friday, with the streamer and hardware maker's stock up 13% over the past five days. The bump comes as Guggenheim Securities maintained a buy rating on the stock earlier in the week, citing "high conviction" that it would see continued improvements in engagement and economics in 2025 and "exit the year at its strongest." "Specifically, we believe actions including improved focus on monetization-based operating metrics, broadening third-party partnerships and expanding revenue-generating offerings while incrementally focusing on . . .
