Roku Raised $219 Million in IPO

  • Priced at the high end of the expected range, Roku raised $219 million in its IPO that started trading on September 28th
  • The stock price was set at $14 dollars and valued Roku at $1.32 billion
  • Ending on June 30th 2017, Roku reported that is has 15.1 million active users with 6.74 billion hours of content streamed
  • In the first two days of trading, the stock as appreciated in value by 90%
Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s