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Why Roku Stock Climbed 13% in February

TheMotleyFool

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Why Roku Stock Climbed 13% in February: https://g.foolcdn.com/editorial/images/723240/watching-tv-streaming-relaxing-entertainment.jpg

Shares of Roku (NASDAQ: ROKU) were moving higher last month after the video streaming platform posted better-than-expected results in its fourth-quarter earnings report, and got a boost from a strong fourth-quarter earnings report from The Trade Desk.

According to data from S&P Global Market Intelligence, the stock finished the month up 13%.

As you can see from the chart below, the stock's gains came primarily during a two-day span in the middle of the month around its earnings report.

Source Fool.com

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