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Roku's Rising, but This Nasdaq Highflier Just Got Crushed

·3 min read
Roku's Rising, but This Nasdaq Highflier Just Got Crushed
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The stock market has done quite well this week, but Wall Street hit some turbulence on Wednesday morning. As of 11:15 a.m. ET, the Nasdaq Composite (NASDAQINDEX: ^IXIC) managed to hold onto gains of about 0.1%, but most other major benchmarks were lower on the day. One stock that helped the Nasdaq maintain an even keel on Wednesday was Roku (NASDAQ: ROKU), which announced a lucrative deal that will keep a key content provider on its platform.