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If You Invested $10,000 in Roku's 2017 IPO, This Is How Much You Would Have Today

TheMotleyFool

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If You Invested $10,000 in Roku's 2017 IPO, This Is How Much You Would Have Today: https://g.foolcdn.com/editorial/images/718944/family-watching-tv-with-child.jpg

Connected-TV platform company Roku (NASDAQ: ROKU) went public on Sept. 28, 2017, and the initial public offering (IPO) priced at $14 per share. However, most investors couldn't get that price. Roku stock opened its first day of trading at $15.78 and closed out the day at $23.50 per share.

Supposing you invested $10,000 in Roku stock on day two, you could have purchased 425 shares. Considering it trades at about $61 per share as of this writing, that investment would be worth around $26,000 today. And for what it's worth, that beats the market over this time period.