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Why Roku Stock Climbed 33% Last Month

TheMotleyFool

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Shares of Roku (NASDAQ: ROKU) were moving higher last month as the streaming-device maker gained on a new partnership and flexed its muscles in negotiations with new streaming services.

According to data from S&P Global Market Intelligence, the stock finished July up 33%. As you can see from the chart below, nearly all of those gains came in the early part of the month on the above news items.