Shares of Roku (NASDAQ: ROKU) surged higher on Monday, rising as much as 15.2%. The stock is up 10.3% at the time of this writing.
While the stock’s rise follows a bullish trend in the wake of Roku’s better-than-expected third-quarter earnings report last week, suggesting the move could reflect extended enthusiasm about the quarter, two press releases from Roku on Monday probably helped, too:
Image source: Roku.