Roku in a regulatory filing also said its deposits with SVB were largely uninsured, sending its shares down 10% in extended trading.
Roku in a regulatory filing also said its deposits with SVB were largely uninsured, sending its shares down 10% in extended trading.
SVB was shuttered by banking regulators on Friday in a bid to protect depositors following a dive in the value of its investment holdings and aRegulators appointed the Federal Deposit Insurance Corp. as receiver, which said that insured depositors will regain access to their deposits no later than Monday.through the startup community as the bank has been central to the formation of many early-stage companies.
Roku in a regulatory filing also said its deposits with SVB were largely uninsured, sending its shares down 10% in extended trading.Share this article:
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