US shares in Wall Street are seen starting lower after a higher finish yesterday. Several stocks are in play, including a new float.
In focus will be Roku (NASDAQ:ROKU), the streaming TV and media firm, which makes its market debut today in New York on the Nasdaq index.
In doing so, it plans to sell shares worth US$219mln of shares, priced at US$14 each, valuing the group at US$1.3bn. Shares surged 30% when it debuted on Wall Street.
Meanwhile, Blackberry Ltd (NASDAQ:BBRY) shares added 7.48% to US$ 9.92 after hours as the Canadian smartphone giant announced second quarter numbers, which beat estimates.
The group for the three months reported revenue of US$249mln, which was higher than the US$221mln that had been expected. In the regular session, Blackberry shares added over 12% to US$10.38 each.
Rite Aid Corporation (NYSE:RAD) shares lost 2.63% to US$2.22 as it is projected to report quarterly earnings at $0.01 per share on revenues of $7.84bn. Shares dropped 11.18% in the regular session to US$2.02.