Shares of Roku (NASDAQ: ROKU) climbed sharply higher on Thursday -- even as the broader market slipped -- jumping as much as 9.4%. The catalyst that sent the streaming pioneer higher was speculation that the company could be on the verge of being acquired. The rumor mill went into overdrive that Roku is preparing to be acquired, according to Dealreporter (as reported by The Fly). Read More...
Insider Monkey
Is SNAP a Smart Long-Term Buy?
Silver Ring Value Partners, an investment management firm, published its second-quarter 2022 investor letter – a copy of which can be downloaded here. At the end of June 2022, the portfolio was very attractively priced, with the Price to Base Case value ratio at 56%. The portfolio had 13 investments plus hedges, cash at 0%, […]
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