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Roku Inc (ROKU) Stock Up 3.6%; Launches Peloton App

Wednesday, July 01, 2020 11:04 AM | Neal Farmer

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Roku Inc (ROKU) Stock Up 3.6%; Launches Peloton App

Roku Inc (ROKU) is up 3.6% today after the launch of the Peloton App that is available on their platform today. U.S. users can use the Peloton channel and experience studio-style workouts in their living rooms now. Today’s trading trend comes after the stock had been falling as it was down over 5% for the week until rising Wednesday.

ROKU stock has risen 29.75% over the last 12 months, and the average rating from Wall Street analysts is a Buy. InvestorsObserver’s proprietary scoring system, gives ROKU stock a score of 54 out of a possible 100.

That score is primarily influenced by a long-term technical score of 68. ROKU’s score also includes a short-term technical score of 65. The fundamental score for ROKU is 29. In addition to the average rating from Wall Street analysts, ROKU stock has a mean target price of 131.875. This means analysts expect the stock to climb 9.23% over the next 12 months.

What’s Happening with ROKU Stock Today

Roku Inc (ROKU) stock has risen 3.6% while the S&P 500 has risen 0.28% as of 10:51 AM on Wednesday, Jul 1. ROKU has risen $4.20 from the previous closing price of $116.53 on volume of 2,892,597 shares. Over the past year the S&P 500 is up 4.58% while ROKU has risen 29.75%. ROKU lost -$0.88 per share in the over the last 12 months.

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