Why Roku Stock Is Moving Higher on Thursday
Shares of Roku (NASDAQ: ROKU) jumped on Thursday, rising as much as 7.4%. As of 1 p.m. ET, however, the stock was up 3.7%.
The stock's gain comes as shares rebound from a recent sell-off. Analysts seem to be largely in agreement that the clobbering the stock took on Wednesday due to Universal Electronics' win in a patent case against Roku was overdone.
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Source Fool.com
