Dec 17, 2020 10:50 AM EST
Are you into stocks? If yes, here's a great opportunity to grab as early as now. In the Wednesday market, Roku shares has gained over 5%.
This year, Roku has impressively outshine other streaming platforms in the market. With a year-to-date (YTD) performance as high as 143%, the company's stocks have surely made a profit in this year's pandemic.
Is it the time to join the team now?
Roku, one of the most-used streaming platform in the US, jumped as much as 8.1% to $352.12 in New York trading Thursday, according to Bloomberg.
It was so far, the highest share price given to Roku in all these years. The reason: Wonder Woman 1984.
On Thursday, Dec. 17, Roku shares on its page that their users "will now be able to download HBO Max from the Roku channel store and subscribe directly on their Roku device to access all of HBO Max, which includes 10,000 hours of curated premium storytelling from the iconic brands of HBO, Warner Bros., DC, Adult Swim and much more."
The company's deal with HBO Max has surely did the stepping stone on why the company's stocks are rapidly increasing, up until today.
Scott Rosenberg, the senior vice president of Roku's platform business said, "We believe that all entertainment will be streamed and we are thrilled to partner with HBO Max to bring their incredible library of iconic entertainment brands and blockbuster slate of direct to streaming theatrical releases to the Roku households with more than 100 million people that have made Roku the No. 1 TV streaming platform in America."
A week ahead of this announcement, HBO Max announced to include the Wonder Woman sequel movie: Wonder Woman 1984 that will premiere on HBO Max on the same day as in theaters.
Experts say that this partnership was the main reason why the Roku market is bullish as of now.
Roku has about 46 million users on its platform. Meanwhile, about 12.6 million users are currently signed-up for HBO Max.
Both of them predict that this partnership could lead to more users, expectedly 100 million new individuals. This would mean that the partnership is leading into a more positive side.
However, Roku is not part of the top 10 best stocks to invest with, according to investing legends. Now, that is something you should think about first.
Though it's bullish market now, investing on stocks is still a lottery for many. You would never know what comes next.
RELATED ARTICLE: Cyberpunk 2077: How This Game Turned Into Disaster in 1 Week
And the world of NFTs expands far beyond art and collectibles. A new era of tokenized digital assets is being created using the blockchain. Here are seven unique NFT use cases that the interested investor should know.
However, there are some simple steps that anyone can take which will help to improve their performance when it comes to trading foreign exchange markets. Here are ten small things that can make a big difference in your FX trading success.
o prevent significant losses, risk management expertise is essential. His adage, "Rule No. 1: Never lose money," has become a stock market classic. Never forget Rule No. 1; this is Rule No. 2. This practice is followed by even the most successful investor, Warren Buffett, who advises others to follow suit.
One of the significant advancements is shifting the payment operations for remote workers. If the compliances are not met, it may lead to severe legal complications. The owner and organization may be held labially separately. The remote working lifestyle continuously grows and is a testament to becoming an endless working mode. Today we discuss components for payroll for remote workers
BRG International Founder Matias Alem had recognized this fact for a few years. So he remodeled his real estate brokerage into something completely new to solve the problem for his jet-setting international client base.
Ryan Early, hailed as 'Farmer Ryan' among sustainable agriculture experts, is a busy man. He has a laundry list of companies to his name, including Blue-Green Ventures, the company behind the revolutionary product, Blue MagicTM, a non-toxic and eco-sustainable pest preventative product using his patented BiomeMax TM Pheromonal Replication Technology.
Investor, financier, and expert in both cryptocurrencies and blockchain technology, Joy Mbanugo is the go-to in the sector. She has vast experience and knowledge across tax services, auditing, business operations, financial analysis, capital markets, and other specializations.
When Nick Collins was just 14 years old, he started his first business, which included around-the-clock phone calls and numerous questions from his parents. In fact, he began building his stout portfolio in the seventh grade by doing web design, incorporating creative content with brand strategies and plugging in a then-fledgling tech Flash.
Barry Gabster is the founder of InitiateU and is a leading proponent of the marketing mailer revolution, having already taken his company to 10x growth in 2021, alone. In fact, the exponential growth has seen the company rise from $800K-$8.5M just on word-of-mouth referrals.