17.03.2025 16:37:00
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3 Reasons to Buy Roblox and 3 Reasons to Run Away
Roblox (NYSE: RBLX) has been a divisive stock since its public debut four years ago. The gaming platform company's stock opened at $64.50 per share on the first day, and it more than doubled to a record closing price of $134.72 on Nov. 19, 2021.But as of this writing, Roblox's stock trades at about $56. Its investors fled as it lapped its pandemic-driven growth spurt, racked up more losses, grappled with safety and regulatory issues, and rising interest rates compressed its valuations. So can Roblox bounce back in the future? Let's take a look at three reasons to buy Roblox -- and three reasons to run away.Image source: Roblox.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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