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StockNews.com
StockNews.com
Business
Anushka Dutta

Is Netflix a Buy After Potential Roku Rumors?

Popular entertainment services provider Netflix, Inc. (NFLX) offers TV series, documentaries, feature films, and mobile games across various genres and languages to its members through a host of internet-connected devices.

Recently, rumors have been spreading about NFLX’s potential acquisition of independent streaming platform company Roku Inc. (ROKU). ROKU’s employees are speculating about this possibility since the company closed its insider trading window, which is taken as an indication of a significant business announcement.

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