The PowerShares QQQ ETF (NASDAQ:QQQ) came within a dime, but couldn’t grind out new highs on Tuesday as we saw a decline in the Nasdaq today. However, that didn’t stop everything from rallying, as Roku (NASDAQ:ROKU) stock burst as much as 8%, hitting new all-time highs in the process.
The stock clocked in over $113 at one point and it wouldn’t be surprising to see the stock continue higher into earnings. After two huge post-earnings rallies, the stock is clearly on investors’ radar. The stock was a clear leader on Tuesday and investors will look to see if they can keep squeezing shares higher amid this breakout.