Roku has their initial public offering today and everything seems to be going well, with the stock being up over 30% before noon. Roku produces streaming devices that are similar to the Amazon Fire TV Stick and Google Chromecast. Streaming has become a popular way to consume television as these products allow the user to access Netflix, Hulu, and a variety of other channels.
IPO's are difficult to judge because there is so much hype around certain companies and the data can skew as people are quick to buy and then sell, profiting for the quick movements. The potential is there for the company to succeed as they are operating in the right market and it will only continue to grow. Sling TV is a popular streaming service that allows for live television, and that can be accessed on a Roku device. Until there is something to disrupt the streaming industry, Roku may be worth watching.