Roku files for IPO
(Reuters) — Video streaming device maker Roku Inc filed for an initial public offering on Friday, as the company looks to cash in on the booming demand for such services.
The Los Gatos, California-based company said it applied to list its Class A common stock on the Nasdaq under the ticker symbol “ROKU”.
Connected to televisions, Roku devices provide access to services offered by Netflix Inc, Hulu, Amazon.com, Starz among others.
Roku had 15.1 million active accounts as of June
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