Why Roku`s Stock Has Soared in Its First Year
(WorldNews Business)

The streamer may be a key beneficiary of the rush to OTT programming. When Roku priced its stock at $14 in September 2017, few predicted that the streaming TV device maker would quadruple in market value in 12 months. How did the company, led by CEO Anthony Wood, do it? Hollywood’s recent rush to develop direct-to-consumer streaming services has been seen as validating Roku’s strategy, as have its user and advertising revenue growth and the launch of new devices and services. Roku devices have...