Roku Stock Rises On ESPN+ Deal, Stephen A. Cohen Stake, Analyst Boost

Roku, the independent streaming company whose stock became a Wall Street darling last year before coming back to earth in the first quarter, is seeing an 11% gain today on a trifecta of positive developments. Shares are up almost to about $ 36.69, on more than double the average trading volume, after the company announced a deal to carry Disney’s high-profile new ESPN+ stand-alone app. The over-the-top (OTT) service, which debuted April 12, offers a range of live games and…
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