Roku stock hits new all-time high for third-straight day

Roku Inc.’s stock hit a new all-time intraday high in Tuesday trading, putting shares on course to close at a record high for the third straight session. Shares of the streaming-media firm are up 4% in afternoon trading. The company said in a filing released late Monday that Morgan Stanley had a 5.1% stake in the company. Roku shares are up 314% from their September IPO price of $14. The S&P 500 Index has gained 7.1% since Roku went public.

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From:: Stock Market News

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