Roku in 3 Charts
Roku (NASDAQ: ROKU) was a major beneficiary of the pandemic as people spent more time in their homes and turned to media-streaming services as an important leisure activity. As a result, its stock has skyrocketed more than 150% over the past 12 months, and the business is currently valued at more than $50 billion.
The company is riding the long-term secular shift away from cable TV and toward streaming entertainment. And the ecosystem that founder and CEO Anthony Wood has built places Roku in an enviable position to continue growing for a long time.
Here are three charts that demonstrate Roku's massive success thus far.
Source Fool.com
