Content streaming company Roku saw its shares surge 67.86% on its first day of trading. After pricing its IPO at $ 14 and then opening the day at $ 15.78, Roku shares closed at $ 23.50. This values the company at almost $ 2.2 billion. While this good news for the new investors and is a favorable sign for the company, this actually isn’t ideal. It means that Roku could have sold its shares for… Read More
Fundings & Exits – TechCrunch
