Roku Message Board - Msg: 33871898

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Technology Stocks : Roku

ROKU 106.13

+6.1%

Oct 31 9:30 AM EST

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To: Glenn Petersen who wrote (90)	6/8/2022 9:59:41 AM
From: Glenn Petersen	of 94

Roku Stock Surges After Report Of Potential Takeover By Netflix Reports suggest employee chatter at San Jose-based has been focused on a potential takeover bid from Netflix. MARTIN BACCARDAX TheStreet.com 28 MINUTES AGO Roku ( ROKU) - Get Roku Inc. Report shares surged higher Wednesday following a report that linked the streaming service hub to a potential takeover by Netflix ( NFLX) - Get Netflix Inc. Report. Business Insider reported Wednesday that Roku has recently closed the window during which employees can sell their vested stock grants, citing people familiar with the matter, and that talk inside the San Jose, California-based group has focused on a potential takeover bid from streaming giant Netflix. While Netflix's balance sheet may be stressed by its planned $33 billion in content spending this year, as well as its 'junk grade' credit rating, an all-stock deal with Roku could allow the group to gain access to its ad-sales platform just as Netflix looks to transition away from its subscription-only model. D.A. Davidson analyst Tom Forte said in a recent research not that Roku has "myriad" ways in which it can help Netflix thanks in part to its ability to "enable Netflix to target advertising on Roku's platform to try to get consumers to restart the service." "For example, it could give Netflix the opportunity to showcase the first season of one its shows on The Roku Channel as a way of inspiring consumers to subscribe to Netflix to watch the remaining seasons," Forte said. "At a high level, it could help Netflix navigate its initial foray into advertising." Roku Stock Surges After Report of Potential Netflix Takeover - TheStreet

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