ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.
Roku Inc

Roku Inc (ROKU)

65.17
-0.41
(-0.63%)
Closed March 28 04:00PM
64.90
-0.27
(-0.41%)
After Hours: 07:59PM

Unlock more advanced trading tools

Join ADVFN today

Key stats and details

Current Price
64.90
Bid
64.74
Ask
65.00
Volume
3,435,612
64.815 Day's Range 66.65
51.6201 52 Week Range 108.7025
Market Cap
Previous Close
65.58
Open
65.86
Last Trade Time
Financial Volume
$ 225,175,799
VWAP
65.5417
Average Volume (3m)
6,308,604
Shares Outstanding
143,521,936
Dividend Yield
-
PE Ratio
-13.18
Earnings Per Share (EPS)
-4.94
Revenue
3.48B
Net Profit
-709.56M

About Roku Inc

Roku is the leading streaming platform in the U.S. by hours watched with under 59 billion hours of content streamed in 2020. The firm's eponymous operating system is used not only in Roku's own hardware but in co-branded TVs and soundbars from manufacturers like TCL, Onn, and Hisense. Roku generates... Roku is the leading streaming platform in the U.S. by hours watched with under 59 billion hours of content streamed in 2020. The firm's eponymous operating system is used not only in Roku's own hardware but in co-branded TVs and soundbars from manufacturers like TCL, Onn, and Hisense. Roku generates revenue from advertising, distribution fees, hardware sales, OS licensing, and subscription sales. Show more

Sector
Cable And Other Pay Tv Svcs
Industry
Cable And Other Pay Tv Svcs
Website
Headquarters
Wilmington, Delaware, USA
Founded
1970
Roku Inc is listed in the Cable And Other Pay Tv Svcs sector of the NASDAQ with ticker ROKU. The last closing price for Roku was $65.58. Over the last year, Roku shares have traded in a share price range of $ 51.6201 to $ 108.7025.

Roku currently has 143,521,936 shares outstanding. The market capitalization of Roku is $9.35 billion. Roku has a price to earnings ratio (PE ratio) of -13.18.

ROKU Latest News

Cross Screen Media and Roku Expand Partnership to Enable Cross-Channel Measurement for Local Agencies

Cross Screen Media and Roku Expand Partnership to Enable Cross-Channel Measurement for Local Agencies PR Newswire ALEXANDRIA, Va., March 19, 2024 ALEXANDRIA, Va., March 19, 2024 /PRNewswire/...

Form 4 - Statement of changes in beneficial ownership of securities

SEC Form 4 FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSIONWashington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIPFiled pursuant to Section 16(a) of the Securities Exchange...

Form 144 - Report of proposed sale of securities

="/Images/box-unchecked.jpg" alt="Checkbox not checked">418203/01/2024Not Applicable* If the securities were purchased and full payment therefor was not made in cash at the time of purchase...

Form 4 - Statement of changes in beneficial ownership of securities

SEC Form 4 FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSIONWashington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIPFiled pursuant to Section 16(a) of the Securities Exchange...

Form 4 - Statement of changes in beneficial ownership of securities

SEC Form 4 FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSIONWashington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIPFiled pursuant to Section 16(a) of the Securities Exchange...

Form 4 - Statement of changes in beneficial ownership of securities

SEC Form 4 FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSIONWashington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIPFiled pursuant to Section 16(a) of the Securities Exchange...

Form 4 - Statement of changes in beneficial ownership of securities

SEC Form 4 FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSIONWashington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIPFiled pursuant to Section 16(a) of the Securities Exchange...

Form 4 - Statement of changes in beneficial ownership of securities

SEC Form 4 FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSIONWashington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIPFiled pursuant to Section 16(a) of the Securities Exchange...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-0.25-0.38372985418365.1566.6562.737320553864.37951164CS
40.140.21618282890764.7666.7561.1439179963.86644371CS
12-21.89-25.221799746586.7999.720461.1630860476.92726039CS
26-3.35-4.9084249084268.25108.702555.0197663589880.5726639CS
522.343.7404092071662.56108.702551.6201726295875.98602601CS
156-238.26-78.5921625544303.16490.726138.266956803120.12278271CS
2602.193.4922659862962.71490.726138.268676765132.46581544CS

Market Movers

View all
  • Most Active
  • % Gainers
  • % Losers
SymbolPriceVol.
AVTXAvalo Therapeutics Inc
$ 22.08
(364.84%)
31.9M
NXLNexalin Technologies Inc
$ 1.50
(92.31%)
11.67M
CEROCERo Therapeutics Holdings Inc
$ 3.112
(90.92%)
24.08M
BDRXBiodexa Pharmaceuticals PLC
$ 1.6201
(88.60%)
88.37M
KYCHKeyarch Acquisition Corporation
$ 12.30
(75.58%)
196.62k
BOLDBoundless Bio Inc
 14.25
(-76.24%)
767.63k
PMECPrimech Holdings Ltd
$ 1.2999
(-66.50%)
8.28M
TNXPTonix Pharmaceuticals Holding Corporation
$ 0.1816
(-44.45%)
21.92M
GMDAGamida Cell Ltd
$ 0.036
(-39.19%)
89.18M
NBSTWNewbury Street Acquisition Corporation
$ 0.042279
(-38.28%)
1.75k
NKLANikola Corporation
$ 1.035
(13.85%)
163.84M
GMDAGamida Cell Ltd
$ 0.036
(-39.19%)
89.18M
BDRXBiodexa Pharmaceuticals PLC
$ 1.6201
(88.60%)
88.37M
MARAMarathon Digital Holdings Inc
$ 22.56
(2.22%)
86.14M
AKANAkanda Corporation
$ 0.1166
(-29.29%)
80.34M

ROKU Discussion

View Posts
bwrbad bwrbad 6 days ago
kwood and now hedgies are populating roku pond - is it to dry it down or lift up - !!!!!
👍️0
eastunder eastunder 3 weeks ago
Close - but Nope...

Open Gaps
Direction Date range
up Mar-08-2024 63.245 to 63.5
up Nov-02-2023 59.89 to 69.18

👍️0
bwrbad bwrbad 3 weeks ago
did ROKU effectively close that massive early NOV. gap if not then touching it could be nothing but another round of sharp electrocution.
👍️0
bwrbad bwrbad 3 weeks ago
ahh
👍️0
Lokotony Lokotony 1 month ago
I'm on board. Been moving my limit down daily to catch the best discount. It was around $100 pre earnings. Bound to return.
👍️0
Nikodemos Nikodemos 1 month ago
The main question I'm charting & doing technical analysis to DETERMINE is whether or not I think the $50-$55 range GETS TESTED...

And, if so, whether or not it holds! The ONE YEAR CHART shows a triple "bottom" UPTREND is being tested around these CURRENT LEVELS & if the $50's are breached - ROKU dips below $60.00 then one should EXPECT a TEST lower! We may likely be up against NUMBERS & filings soon enough so we should have some FUNDIES to help provide guidance.

ITM, the Actors & Writer's STRIKES could have adversely impacted ROKU,...

But if one looks at Cable & other platforms one MIGHT conclude that over the LONGER TERM the ROKU content variability should provide a COMPETETIVE ADVANTAGE that uncouples these other platforms -- & THEIR performance -- from ROKU!!

Looking on eagerly. I have traded this ticker MANY TIMES through the years MOSTLY with the INTENTION TO HOLD LONG. But once COVID hit & the stock was trading into the $400.00 range I thought it was TOO MUCH MONEY to turn down. I would have been THRILLED with that price over my lifetime holding it. COVID just ACCELERATED my profits (returns) here & is also yielding another REBUY OPPORTUNITY at 85% discount from ALL TIME HIGHS so this is a NO BRAINER as far as investing! The question is AT WHAT PRICE?

Once again: Looking to see if we test sub-$60's here soon! IF NOT, I think it is buying & accumulating time here .... soon!! If it breaks DOWN through that price point then I'll likely wait to see what transpires in the $50-$55 range.... One step at a time! Patience on ROKU atm...


$ROKU


....
👍️0
Nikodemos Nikodemos 1 month ago
That CHART is going to come into PLAY here soon! Glad I sold BUT the company is headed by an experienced, innovator who has had SUCCESS AFTER SUCCESS (*following some failures way early on; way before Roku & his other business, patents, achievements, etc.). This guy is a VISIONARY & he's been innovating, staying ahead of the markets for WAY TOO LONG!!

ROKU is nearing an intermediate term bottom (on the chart). The price either stabilizes here to support a REVERSAL or it goes deeper into it's history!

Honestly I am STILL CHARTING IT -- & may share my insights (soon enough).... BUT it's is DEFINITELY approaching an INFLECTION POINT where investors should START pricing this out more thoughtfully, charting, etc., to DETERMINE next entry!!

That's PRECISLY WHAT I'm DOING --- LOVE me some ROKU now dating back A DECADE!!

Following stocks with a HISTORIC FOCUS on charts, pricing, with GREAT CEO's who LEAD, INNOVATE, have EXPERIENCE well-ABOVE their station, etc., is what has made me a VERY SUCCESSFUL investor here & in the OTC!! I hope to RE-ENTER this stock. The question is WHERE.... And if I have a definitive & CLEAR price I'll share... Otherwise, I'll just take an entry position a bit lower & then BUILD MY HOLDING as things become more clear!!


GLA

LOVE ME some ROKU!!

A new iteration that leverages the platform & makes MORE MONEY is likely on the way! DO NOT DOUBT this CEO!! Those who have, lost their asses & missed on some SERIOUS GAINS!! That $400.00 double-top around COVID was just too ridiculous to pass up. Now at ~75% discount from previous highs I suspect they're figuring out how to better adver-monitize their LONG LIST of subscribers, uploaders, etc.. That growth spurt was REDICULOUS. Now, they've had sufficient time to evaluate, course correct, cash out their holdings & have their business normalize.

So it appears to be TIME to invest again... Question is where's the RIGHT PRICE for HIGH RETURN & low risk. Assessing....

GLA

$ROKU
😍 1 ❤️ 1
eastunder eastunder 1 month ago
Obviously not perfect results.
👍️ 1
bwrbad bwrbad 1 month ago
QUAKE in spite of perfect results - must be power of WS manipulators from OUS
👍️0
bwrbad bwrbad 1 month ago
EARTHQUAKE
👍️0
Vexxed Vexxed 3 months ago
Head and shoulders knees and toes..... down to 70 we go!
👍️0
eastunder eastunder 5 months ago
Beast!

That is going to be a big gap on Open

👍️0
Monksdream Monksdream 5 months ago
Early Barchart Top 100
https://www.barchart.com/stocks/performance/percent-change/advances?timeFrame=today&viewName=main&screener=overall&orderBy=percentChange&orderDir=desc
👍️0
Mt. Blanc Mt. Blanc 5 months ago
ROKU what a great setup on ER surprise.

mb
👍️0
RAND RAND 5 months ago
Huge earnings, get ready
👍️0
moviesam moviesam 6 months ago
These movies are very old and are on youtube for free.
"Savage Land," "Future Shock,"
👍️0
CK-verse CK-verse 6 months ago
$HHSE-PARTNERING-WITH-ROKU...$HHSE-NEWS:..Hannover-House closes 10-picture-deal with ROKU for U.K., Ireland

Press Release | 09/22/2023

https://www.otcmarkets.com/stock/HHSE/news/Hannover-House-closes-10-picture-deal-with-ROKU-for-UK-Ireland?id=414998

Hannover House, Inc. (OTC: HHSE) has finalized the placement of ten films from the company's library with ROKU, for release into the U.K. and Ireland. The sale was initiated during the Cannes market in May and finally closed this week.

Titles licensed under the agreement include "Savage Land," "Future Shock," "Samurai: The Last Warrior" and seven others. ROKU is looking at over one hundred additional titles from the Hannover House library for possible licensing into these two territories in the future.

"This is great news for our program suppliers and shareholders," said Desiree Garnier, president of the Hannover House MyFlix division. "As video-on-demand outlets continue to expand worldwide, the international sales and licensing rights within the Hannover House library will see significantly greater monetization over the years," she concluded.

Hannover House has over four-hundred titles in the company's library of distribution or sales agency rights, which licensing grants are primarily limited to the North American territory. However, all original productions from Hannover House, and many third-party licensed titles, also include international distribution and sales rights.

Roku, Inc. of San Jose, California has grown their hugely successful hardware and streaming device business into a major supplier of programming in territories around the world. Titles licensed by Roku from studios and producers can be streamed directly to homes using the Roku hardware of many brands of Roku-enabled smart televisions. Current annualized revenues for Roku have been reported at $3.21-billion by the company.

Hannover House was formed in 1993 and has grown and evolved over the years in response to changing trends in media and entertainment distribution. The company has found success in recent years with facilitating independent feature productions such as the upcoming USA theatrical and streaming release of "WILDFIRE: The Legend of the Cherokee Ghost Horse," starring Anne Heche.

For more information contact: ERIC PARKINSON, Eric @stockholder101-5277
👍️0
CK-verse CK-verse 7 months ago
Bullish on multiple-Entertainment-stocks:..Hannover-House(HH$E), ROKU, Disney & Netflix

Expecting the LARGEST % GAINS from the FIRST one on the list.

Studios Reveal New AI, Data Transparency & Residuals Proposals To WGA; Guild Meets With CEOs

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172666221
👍️ 1
Nikodemos Nikodemos 7 months ago
HAPPY DAYS now that the AMPTP put forth a LEGIT proposal... Got to say I'm SURPRISED & VERY ENCOURAGED:

Studios Reveal New AI, Data Transparency & Residuals Proposals To WGA; Guild Meets With CEOs
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172666221


$ROKU


...
👍️ 1
Zardiw Zardiw 8 months ago
You could always get the next one..........got the best tool for it also.......

Z
👍️0
Monksdream Monksdream 8 months ago
ROKU new 52 wweek high
👍️0
Monksdream Monksdream 8 months ago
Streaming Is Disrupting Traditional Media
ARK Invest_Headshot_Nick Grous_Edit 5 By Nicholas Grous | @GrousARK
Associate Portfolio Manager
Last week, Roku reported1 better-than-expected revenue and earnings for the second quarter. Given its strong revenue growth, expanding user base, and steady gains in market share, we believe that the Roku platform is causing and capitalizing on dramatic shifts in media consumption. Investors interested in learning more about ARK’s Roku research are welcome to access our open-source Roku model and blog.2

Disrupting Traditional TV Viewing
Streaming was transforming the TV industry during the second quarter:

Global Streaming Hours: Roku's global streaming hours grew by 21% year-over-year,3 while traditional TV viewing in the US declined by 13%, as reported by Nielsen.
Ad Spend on Traditional TV: Traditional TV ad spend declined 9.4% year-over-year, while the spot, or scatter, ad market dropped 17.2% year-over-year, according to SMI data. In contrast, Roku’s platform revenue increased 11%.4
Roku’s User Engagement And Expansion During The Second Quarter

Active Accounts: active accounts increased by 1.9 million to reach 73.5 million, up 16% year-over-year. Roku also gained share across the range of TV sizes. The large screen segment grew ~70% year-over-year,5 pushing the Roku operating system’s (OS) already leading TV OS even higher into #1 territory in the US.
Streaming Hours on The Roku Channel: streaming hours on The Roku Channel grew by more than 50% year-over-year and, according to Nielsen, represented 1.1% of total US TV viewing in May, ranking The Roku Channel alongside Peacock and close to HBO Max.
👍️0
eastunder eastunder 8 months ago
ROKU told you

👍️0
Cuppy Cuppy 8 months ago
Now you tell us…
👍️0
Zardiw Zardiw 8 months ago
+++ #DDAmanda Chart on: $ROKU :

DDAmanda lets you find these b4 they run:



Z
👍️ 1
eastunder eastunder 8 months ago
ROKU +22.01 (+32.28%) on 61.2 M (Above Average Volume)
Reason - posted stronger-than-expected results for the quarter ended in June.

Trend Analysis
ROKU appears to be in a strong bullish trend. Its 200-day moving average is upwards sloping and the MACD histogram is above 0. Comparative Relative Strength analysis shows that this issue is outperforming the S&P 500.
As of 4:00 PM ET Friday, 07/28/2023

Momentum
Momentum for ROKU is strongly bullish. The 14-period Slow Stochastic Oscillator is rising, as investors pay higher prices for shares.
As of 4:00 PM ET Friday, 07/28/2023

Volume
Today's volume was heavier than usual, trading 61,148,462 shares, versus an average of 8,510,145 shares per day during the last twelve months. The On Balance Volume indicator (OBV) is bullish. The slope of the indicator is positive and suggests that buyers are presently more active than sellers.

Volatility
Bollinger Bands® use standard deviation of the closing price around a moving average to measure volatility. The Bollinger Bands® are presently wider than usual, as a result of greater than normal volatility that accompanied the recent price move. Events such as this may precede a pause or reversal in the near term trend.



👍️0
Monksdream Monksdream 8 months ago
ROKU new 52 week high
👍️0
eastunder eastunder 8 months ago
CRAZY move!
👍️0
eastunder eastunder 8 months ago
Roku shares surge as better ad spending powers upbeat revenue forecast
6:36 PM ET, 07/27/2023 - Reuters

July 27 (Reuters) - Roku forecast upbeat third-quarter revenue and posted market-beating results for the second quarter on improved ad sales, sending the shares of the streaming device maker up 9% after the bell.

After several months of muted spending, companies are raising their expenditure on ads on signs of cooling inflation and improving consumer sentiment.

"We have begun to see some ad verticals improve, which resulted in modest YoY platform revenue growth in Q2, and we are well positioned to re-accelerate growth as the ad market recovers," company executives said in a letter to shareholders.

Roku expects $815 million in net revenue in the July-September period, higher than analysts' projection of $809.6 million, according to Refinitiv data.

Chief Financial Officer Dan Jedda said the pickup in ad spending is coming from the consumer products, and health and wellness industries, while tech, media and entertainment remains challenged.

Roku's strong guidance comes after large digital platforms Meta Platforms and Alphabet delivered upbeat results on higher digital ad sales.

"In addition to capturing advertising dollars shifting from traditional linear distribution to over-the-top, Roku has made progress in clawing away spend from other digital channels," said Third Bridge analyst Jamie Lumley.

Roku, which offers streaming devices and also has its own ad-supported channel, posted better-than-expected results for the quarter ended June.

Net revenue grew 11% to $847.2 million, above estimates of $774.5 million, while adjusted loss came in at 76 cents per share, lower than the estimate of $1.26.

The company said it added 1.9 million "active accounts" from the previous quarter to 73.5 million. (Reporting by Yuvraj Malik in Bengaluru; Editing by Pooja Desai and Arun Koyyur)
👍️0
eastunder eastunder 9 months ago
Roku Brings Shopify Checkout to TV Streaming
https://finance.yahoo.com/news/roku-brings-shopify-checkout-tv-130000540.html


Tue, July 11, 2023 at 7:00 AM MDT·



For the first time ever, viewers will be able to purchase products directly from Shopify Merchant ads on the largest screen in the home, simply by pressing OK on the Roku Remote

SAN JOSE, Calif., July 11, 2023--(BUSINESS WIRE)--Today, Roku (Nasdaq: ROKU), the #1 TV streaming platform in the U.S., Canada, and Mexico*, announced a first-of-its-kind partnership with Shopify that provides viewers the ability to purchase products from Shopify merchants directly from their TV through Roku Action Ads.

Upon seeing an ad for a Shopify merchant, viewers can simply press OK on their Roku remote to learn more about the product and purchase it directly from their TV. They will be able to check out with Roku Pay, Roku’s payments platform, and return to their streaming experience once they have completed the purchase. Purchasers will receive email confirmation of their order directly from the merchant once the transaction has been processed.

In this latest integration with Roku Action Ads, Roku brings a seamless checkout experience to ads being streamed on the platform. Roku Action Ads are any advertisements on Roku streaming devices that provide a down funnel action, such as sending users a text, scanning a QR code, or making a purchase. Integrating Shopify purchases into Action Ads is the first commerce integration for independent Shopify merchants on TV streaming, creating a completely new advertising channel for Shopify merchants to explore. Men’s apparel brand True Classic, the game-based connected rower Ergatta, and wellness brand Olly have signed on as initial partners.

"Bringing a Shopify purchase experience to television for merchants is an industry first, and innovation opportunities like these are precisely the reason I came to Roku," said Peter Hamilton, Senior Director of Ad Innovation at Roku. "Roku democratizes access to TV advertising, and now, we’re collapsing the funnel for Shopify’s merchants. This is a great example of Roku’s unique platform position to make advertisers unmissable across the streamer’s journey, from power on to purchase complete."

"Offering a great purchase experience for customers and having sound channel measurement are critical to True Classic's success," said Paige Becker, Vice President, Growth at True Classic. "Roku Action Ads address both these needs, providing a frictionless path to purchase for customers while allowing us to measure the impact of this strategy with the end-to-end Shopify integration. Merging performance-based tactics with the scale of TV is a win-win, and we are excited to explore Roku’s innovation."

"Our commerce efforts are all about meeting our target consumers where they are, and providing a seamless path to purchase," said Saaj Parikh, Director of Marketing, Ergatta. "Integrating the Shopify shopping experience on the Roku platform is a no-brainer for us. We’re thrilled to start experimenting with Roku Action Ads and tap into the scale of Roku."

This unique experience shortens the advertising funnel from brand awareness to purchase on the largest screen in the home. Shopify advertisers receive more customer data and insight into purchasing trends, plus point-of-sale access to Roku’s audience, marking a major milestone for Roku’s ongoing commerce partnership with Shopify. Now, viewers can purchase directly from the screen.

"Shopify is on a mission to make commerce better for everyone, and by partnering with Roku to make Shopify Checkout available through new channels, we are making it easier for more brands to drive deeper engagement with shoppers and reach new audiences," said Mani Fazeli, Director of Product, Checkout at Shopify.
👍️0
hunterj20 hunterj20 10 months ago
This aged well haha
👍️0
eastunder eastunder 10 months ago
ROKU: 71.71 + 8.73 (+13.86%) on 14.9m above ave volume
and unknown reason. (So far)

Volume
Today's volume is on track to be heavier than usual, with 14,868,161 shares having traded so far. The On Balance Volume indicator (OBV) is bullish. The slope of the indicator is positive and suggests that buyers are presently more active than sellers.
As of 12:59 PM ET Wednesday, 06/07/2023

10-Day Average Volume 5,248,251
90-Day Average Volume 8,095,827



👍️0
eastunder eastunder 10 months ago
ROKU having a great day

👍️0
Nikodemos Nikodemos 1 year ago
WATCH & LEARNED as I wrote: I LOVE this stock & it has done VERY VERY WELL for me. Going to love it more when the weather turns cooler, & as the Fall gives way to Winter!

Went DOWN right into Winter as predicted... With ~60% gains/RETURNS from the sub-$40 test!

Now, lightened up a bit as it's stalled. Had the WEATHER been COLDER across the U.S. (or more 'normal') I think the Q1 numbers would have been STRONGER!! Confirming UPTREND continuation... Now we'll just have to see. Lightened up my holding recently & waiting to either REBUY at the NEXT chart signal or watch a DEEPER retrace before loading this BACK UP again!!

GLA, have loved me some ROKU for quite awhile now!! Having dated this BEAUTY multiple times... Some saw ROKU as a "Cinderella of streaming" but if you followed the innovative, inventive, & VERY EXPERIENCED CEO you'd know he's one to BET ON!! I did, I have, I am & I will likely CONTINUE!! One of the undercover BEST underappreciated strategists in the biz!
👍️0
WebSlinger WebSlinger 1 year ago
<< Roku told investors it had $487 million at the bank >>

That's a lot of cheddar.
👍️0
TRUISM TRUISM 1 year ago
"Roku told investors it had $487 million at the bank, or about 26% of its cash and cash equivalents, adding that those fund are "largely uninsured."- New York Times

In response to:

ROKU 8k. We have Money at $SIVB that is UNINSURED



TRUISM
👍️0
Talc Moan Talc Moan 1 year ago
ROKU 8k. We have Money at $SIVB that is UNINSURED

WHOOPS!
👍️0
UpTickMeA$AP UpTickMeA$AP 1 year ago
Hello? Banker? Anyone there?

Ummm, hoping to make a withdrawal?

Hello?

Hello?

Uh oh!

Hello, you've reached silicon valley bank, no one is currently able to take your call, please leave a....... *Dial tone

Oh shit!

Roku, Inc. (the “Company”) is aware that Silicon Valley Bank (“SVB”) was closed today by the California Department of Financial Protection and Innovation, which appointed the Federal Deposit Insurance Corporation (“FDIC”) as receiver. According to the FDIC, all insured depositors of SVB will have full access to their insured deposits no later than Monday morning, March 13, 2023. The FDIC will pay uninsured depositors an advance dividend within the next week. Uninsured depositors will receive a receivership certificate for the remaining amount of their uninsured funds. As the FDIC sells the assets of SVB, future dividend payments may be made to uninsured depositors.

The Company has total cash and cash equivalents of approximately $1.9 billion as of March 10, 2023. Approximately $487 million is held at SVB, which represents approximately 26% of the Company’s cash and cash equivalents balance as of March 10, 2023. Approximately $1.4 billion of the Company’s cash and cash equivalents is distributed across multiple large financial institutions. The Company’s deposits with SVB are largely uninsured. At this time, the Company does not know to what extent the Company will be able to recover its cash on deposit at SVB.

Notwithstanding the closure of SVB, the Company continues to believe that its existing cash and cash equivalents balance and cash flow from operations will be sufficient to meet its working capital, capital expenditures, and material cash requirements from known contractual obligations for the next twelve months and beyond.
👍️0
tat4tat tat4tat 1 year ago
ROOKU on its way to 30.
👍️0
eastunder eastunder 1 year ago
Yep. First one filled in six days.

2nd one is still open at 56.96, which I am now tracking that one.

Seems likely though, right? Stupid market!

Simple tag of the fifty day would do the job.



👍️0
hawkshaw812 hawkshaw812 1 year ago
Looks like those gaps might get filled
👍️0
hawkshaw812 hawkshaw812 1 year ago
Coming back to life that’s for sure
👍️0
HokieHead HokieHead 1 year ago
Heading towards $100+. Buys at $61 last week just looking better and better.
👍️0
hawkshaw812 hawkshaw812 1 year ago
That’s the 64 dollar question wish I new
👍️0
HokieHead HokieHead 1 year ago
Beast, heading to $100+
👍️0
eastunder eastunder 1 year ago
Because you had perfect timing on an excellent move. That doesn't happen very often.

It made a great trade for someone, that's for sure.
👍️0
HokieHead HokieHead 1 year ago
Why would I have sold, ticker heading back to $100+.

I don’t flip, if earnings/outlook sucked I would have sold for a loss and moved on.
👍️0
eastunder eastunder 1 year ago
Hokie- I don't know why but I thought you were trading it?

If I was a betting woman, I would have bet you sold yesterday?

But No? You still in?
👍️0
eastunder eastunder 1 year ago
Absolutely!

I have no choice but to keep an eye on those recent gaps. LOL

I'm still building into my position. They give me something to keep an eye on for sport.

👍️0
HokieHead HokieHead 1 year ago
Where? Lol
👍️0

Your Recent History

Delayed Upgrade Clock