Why Roku Stock, PayPal Stock And Square Stock Are Popping Off Today

Loading...
Loading...

Roku Inc ROKU shares are trading higher by 3.6% at $384.78 Tuesday afternoon after the company announced the launch of Roku Express 4K+, a rechargeable Roku voice remote pro and Roku OS 10.

Paypal Holdings Inc PYPL and Square Inc SQ shares are trading higher by 2.5% and 3%, respectively, following an increase in the price of bitcoin

Paypal recently moved in March to allow its U.S. customers to use their cryptocurrency holdings to pay at millions of online merchants around the globe. The company said that with this Checkout with Crypto service, customers who have Bitcoin BTC/USD, Ethereum ETH/USD, Bitcoin Cash BCH/USD or Litecoin in their PayPal digital wallets would be able to convert their digital assets into fiat currencies at checkout in order to make purchases.

Recently, Square announced a grant of nearly $100,000 to two pseudonymous developers for their work on the Bitcoin block explorer Mempool.space.

Posted In: CryptocurrencyNewsMarketsMoversTrading Ideas
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...