Roku Stock Hits a New 52-Week High: Is It a Buy?

Fox announced on Monday that it is acquiring Roku for approximately $22 billion in an all-cash and stock deal. Roku's stock has risen 30% year-to-date and hit new 52-week highs on acquisition rumors, but fell modestly on the announcement day. The article suggests limited upside potential for investors at this stage, as the stock is unlikely to move significantly until the deal closes in the first half of 2027, unless the acquisition falls through.