Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTAngelica BallesterosSat, June 13, 2026 at 9:08 AM GMT+2 2 min readRoku Inc. (NASDAQ:ROKU) is one of the 10 Stocks That Absolutely Exploded Higher.Roku saw its share prices climb to a new four-year high on Friday, as investors positioned their portfolios following reports that it is exploring a sale.In intra-day trading, the stock surged to its highest price of $148.88 before paring gains to finish the session just up by 20.08 percent at $143.66 apiece.Photo by Tima Miroshnichenko on PexelsAccording to a report by Bloomberg citing people privy to the matter, Roku Inc. (NASDAQ:ROKU) is looking at potential options, including selling itself or tying up with media companies.It is said to be already in talks with at least one media giant for a potential merger, albeit no final decision has been made.In other news, Roku Inc. (NASDAQ:ROKU) told the Securities and Exchange Commission on Thursday that its Chairman and CEO, Anthony Wood, disposed of $2.13 million worth of its shares in a series of transactions last Wednesday, June 10. The sale covered 18,000 shares at prices ranging from $117.01 to $120.17 apiece.In other news, Roku Inc. (NASDAQ:ROKU) reported a stellar earnings performance in the first quarter of the year, swinging to a net income of $85.7 million from a $27.4 million net loss in the same period last year.Total net revenues increased by 22 percent to $1.249 billion from $1.021 billion year-on-year.While we acknowledge the potential of ROKU as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. Disclosure: None. Follow Insider Monkey on Google News.Terms and Privacy PolicyPrivacy & Cookie SettingsMore Info