
Roku Inc (NASDAQ:ROKU) shares are trading higher Wednesday following a Business Insider report suggesting the company may be in talks to be acquired by Netflix Inc (NASDAQ:NFLX).
According to the report, citing people familiar with the matter, Roku has "abruptly" closed the employee window for trading and talks of a Netflix takeover are bouncing around within the company. The closing of the trading window for employee shares suggests that fundamental changes could be on the horizon.