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

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

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.