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Roku +5.7% after disclosing Danish acquisition

Nov. 10, 2017 9:28 AM ETRoku, Inc. (ROKU) StockROKUBy: Jason Aycock, SA News Editor14 Comments
  • Roku (NASDAQ:ROKU) is up 5.7% premarket on high volume the morning after it disclosed an acquisition of a Danish start-up that Variety identified as Dynastrom, a sign the company's working to move into whole-house smart speaker applications.
  • That sets up Roku for a record high at the open.
  • In filings provided with its third-quarter earnings, the company said it expected full-year revenues to reach or pass $500M in 2017, up from almost $400M a year ago.

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