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Here comes Roku’s IPO (ROKU)

Roku remote

Roku will begin trading for the first time in the public equity markets on Thursday.

Roku will begin trading under the “ROKU” ticker and will debut on the Nasdaq exchange.

Roku was seeking $12-$14 per share in its IPO and landed at the high end of that range at $14 per share. The company raised $126 million from its initial offering by selling 15.8 million shares. Private shareholders raised $93 million in the IPO by selling some of their shares. The company was valued at $1.3 billion after the IPO.

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Source:: BusinessInsider.Com

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