Plus   Neg

Stock Alert: ROku Rises 10%

Shares of Video streaming device maker Roku, Inc. (ROKU) are rising more than 10% Monday morning at $177.67. The stock has been trading in the range of $58.22- $185.44 in the past 52 weeks.

Roku and Comcast, NBCUniversal's parent company, have reached a video distribution deal that will bring video streaming service, Peacock to Roku in the coming weeks, Roku said on September 18.

The decision comes after a battle between Roku and Comcast, where Comcast had asked Roku to remove NBC TV Everywhere apps, including Peacock from its platform.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Amazon.com Inc is allowing some employees who is working from home amid Covid-19 crisis to extend the option until June next year. Reports citing an emailed statement said that employees who work in a role that can effectively be done from home are welcome to do so until June 30, 2021. Following the virus spread, the e-commerce giant had allowed employees to work from home until January. Procter & Gamble's skincare brand Olay will debut its first float in the 94th Annual Macy's Thanksgiving Day Parade to be held on November 26 this year. To highlight the low representation of women in the STEM or science, technology, engineering, and math jobs, Olay said that its Thanksgiving Day Parade float will feature a 'Women in STEM' theme. Alternative meat producer Impossible Foods is debuting its flagship product this week in Asian grocery stores. The plant-based meat products will go on sale at about 200 grocery stores in Hong Kong and Singapore, its first grocery foray outside the U.S. Impossible Beef was the flagship product which made its worldwide grocery store debut in 2019.
Follow RTT