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Can Roku Stock Keep Going After Last Week's 16% Pop?

Can Roku Stock Keep Going After Last Week's 16% Pop?

Finance
One of this month's biggest winners is  Roku (NASDAQ: ROKU) , soaring 16% last week and 89% for all of November. The stock's been on fire since the company posted game-changing third-quarter results  in its first financial report as a public company.Some reports earlier in the week credited the rally to a short squeeze , which is a possibility since 4.8 million shares of Roku, or roughly 30% of the public float, were sold short by the end of October. The stock had skyrocketed 70% a week earlier on the strong quarter, so it's not out of the question to think that short sellers were scrambling to cut their losses. However, the rally was cut short on Tuesday, when Oppenheimer downgraded the stock. The unflattering analyst call ate into most of Monda...