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September 28, 2017 03:58 pm GMT
Content streaming company Roku saw its shares surge 67.86% on its first day of trading. After pricing its IPO at $14 and then opening the day at $15.78, Roku shares closed at $23.50. This values the company at almost $2.2 billion. While this good news for the new investors and is a favorable sign for the company, this actually isn’t ideal. It means that Roku could have sold its shares for… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/8vOd3KeCkfI/
Roku closes up 68% in stock market debut
Content streaming company Roku saw its shares surge 67.86% on its first day of trading. After pricing its IPO at $14 and then opening the day at $15.78, Roku shares closed at $23.50. This values the company at almost $2.2 billion. While this good news for the new investors and is a favorable sign for the company, this actually isn’t ideal. It means that Roku could have sold its shares for… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/8vOd3KeCkfI/
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