Monday, 15 June, 2026
Streaming Shakeup: Roku Surges 20% on Rumors of Potential Sale
By TechShots Studio
Roku is reportedly exploring strategic options, including a full sale or a corporate merger, according to sources familiar with the matter. The streaming giant has held early-stage discussions with at least one major U.S. media company and is also considering a private investment in public equity (PIPE) transaction. Following the reports, Roku's stock surged more than 20%, fueled by intense interest in its platform of 100 million streaming households.
Read full story at REUTERS