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Why Roku Stock Streamed 7% Higher Today


Media-streaming technology expert Roku (NASDAQ: ROKU) found a clear signal on Friday, sending the stock as much as 7% higher in the early afternoon. The jump also had staying power as Roku's shares closed the day 6.8% higher.

Some stock price moves are simple, but this jump is not. Roku's shares rose for several unrelated reasons today.

I see three significant details contributing to Roku's price gains:

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Source Fool.com

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