Roku prices IPO at $14, valuing company at $1.3 billion

Digital streaming business Roku has priced its IPO at $14 per share, raising close to $220 million. This values the company at about $1.3 billion. This is good news for Roku, which had proposed a range of $12 to $14. Earlier reports suggested that the company had been targeting a $1 billion market cap. Roku is in the cord-cutting business. The company’s digital streaming players… Read More