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MARKETS LIVE BLOG:

STOCK FUTURES DIG OUT OF ISRAEL STRIKE-FUELLED TUMBLE

Shares of Netflix, the first of the megacap techs to report, slide in pre-market trading

Why Roku Stock Jumped 17% This Week

Demitri Kalogeropoulos, The Motley Fool
·2 min read

Shares of Roku (NASDAQ: ROKU) outperformed the market this week, as the stock jumped 17% through Thursday trading compared to a 3.3% rise in the S&P 500, according to data provided by S&P Global Market Intelligence. Growth stocks like Roku will tend to outperform when that negative sentiment swings back into positive territory, as it did this week. Executives say the advertising business is expanding nicely, and moves by Netflix (NASDAQ: NFLX) into that market might only help the streaming platform.

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