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Broadcasting & Cable
Broadcasting & Cable
Business
Daniel Frankel

Call It a Comeback: Roku Reaches 19-Month High on Wall Street After Yet Another Upgrade

Roku.

The most volatile stock in the TMT universe rebounded to an important milestone Monday, surging more than 8% on the Nasdaq to reach over $100 a share.

It was the first time Roku stock has hit a triple-digit price since April 2022. The latest Roku stock surge came after Cannonball Research analyst Vasily Karasyov upgraded the streaming company to "buy" status. 

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