financetom
Business
financetom
/
Business
/
Roku Branded TVs Got 'Lot of Floor Space' Relative to Licensed TVs, Wedbush's Black Friday Review Shows
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Roku Branded TVs Got 'Lot of Floor Space' Relative to Licensed TVs, Wedbush's Black Friday Review Shows
Dec 2, 2024 9:01 AM

11:35 AM EST, 12/02/2024 (MT Newswires) -- Roku ( ROKU ) branded TVs got "a lot of floor space" relative to its licensed TVs across various retailers checked by Wedbush Securities pre- and post-Black Friday this year, the brokerage said Monday.

"Last year, only lower-tier/lower-priced licensed Roku TV sold through well, while this year we saw broad selection, favorable placement, and significantly more sell-through of Roku's ( ROKU ) branded TVs across most of the retailers we checked," Wedbush analysts, including Alicia Reese, said in a note to clients.

This year's Black Friday saw gaming peripherals rebound further, with Logitech ( LOGI ) , Corsair (CRSR), and Turtle Beach ( HEAR ) all selling through "well" across various categories, with Turtle Beach ( HEAR ) being the standout, according to the note.

"Black Friday 2024 in the video game space saw ample inventory of high-end consoles, a large variety of bundle options for the current generation of consoles, good discounts on recently released software, and, finally, a discount on the Nintendo Switch consoles," the analysts said.

Roku ( ROKU ) shares were up 7.6% in recent trading, while Corsair rose 6.3%. Turtle Beach ( HEAR ) increased 4.6%.

Price: 74.25, Change: +5.22, Percent Change: +7.56

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
South Bow Shuts Down Keystone Pipeline After Oil Spill in North Dakota
South Bow Shuts Down Keystone Pipeline After Oil Spill in North Dakota
Apr 9, 2025
08:01 AM EDT, 04/09/2025 (MT Newswires) -- South Bow ( SOBO ) said Wednesday it has shut down its Keystone Pipeline following an oil release at Milepost 171, near Fort Ransom, North Dakota. The incident was detected by the company's leak detection system early Tuesday morning. South Bow ( SOBO ) said the spill has been contained and the affected...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Verizon says Google AI for customer service agents has led to sales jump
Verizon says Google AI for customer service agents has led to sales jump
Apr 9, 2025
SAN FRANCISCO, April 9 - Verizon said an AI assistant for the company's customer service representatives built using Google models had cut down on call times and freed them up to sell products to customers, leading to a surge in sales. An AI assistant on their screen helps the customer service agents figure out the right answers to customers' queries....
Peloton Appoints Charles Kirol as COO
Peloton Appoints Charles Kirol as COO
Apr 9, 2025
08:00 AM EDT, 04/09/2025 (MT Newswires) -- Peloton Interactive ( PTON ) said Wednesday it has appointed Charles Kirol to the newly created role of chief operating officer, effective Monday. Kirol was previously iRobot's chief global operations and technology officer, the company said. Chief Supply Chain Officer Andy Rendich will step down and remain at Peloton as an adviser through...
Copyright 2023-2026 - www.financetom.com All Rights Reserved