Netflix Streaming Peer Soars As Key Metric Clears $1 Billion Milestone

Blockhead
02-15

Leisure stocks flashed strength Friday. Roku (ROKU) gapped up after fourth quarter results beat views and the stock hit levels last seen in December 2023. Roku stock soared after quarterly platform sales, Roku's largest revenue segment, crossed $1 billion for the first time. Total revenue grew 22% to $1.2 billion, while a loss of 24 cents per share was an…

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