Here’s why ROKU is up today

Roku Inc (ROKU) is trading at $39.54 as of 10:35 AM on Monday, Jan 7, a gain of $5.81, or 17.22% from the previous closing price of $33.73. The stock has traded between $36.52 and $39.59 so far today. Volume today is 8,968,459 compared to average volume of 8,067,661.

Roku is up today after announcing active accounts topped 27 million in the fourth quarter, a 40% increase year-over-year.

Meanwhile, the major indices are headed in different directions. The NASDAQ has risen 0.35% to 6,762.30. The S&P 500 is up 0.14% to 2,535.52. The Dow Jones Industrial Average is lower by -0.21% to 23,384.59.

Stock Score Report, InvestorsObserver’s proprietary scoring system gives ROKU a score of 61 out of a possible 100. That score is based on three component scores. A fundamental score of 26, a long-term technical score of 63 and a short-term technical score of 95. Our proprietary system combines short and long-term technical factors, Wall Street’s opinion, and other fundamental factors into an overall score that measures a stock’s suitability for investment.

Symbols: ROKU

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