Roblox shares are trading higher Wednesday following positive analyst coverage from JPMorgan.

2. Roblox's valuation is pricing in a perfect outcome Despite its lack of profits, Roblox is trading at a premium, recently at roughly 21 times the price-to-sales (P/S) ratio.

The firm bought shares of ad-tech company The Trade Desk (TTD) and gene-editing firm CRISPR Therapeutics (CRSP), while trimming stakes in gaming platform Roblox (RBLX) and Palantir Technologies ...

Shares of Roblox Corporation RBLX have witnessed a 78.9% surge in the past three months compared with the industry and the S&P 500’s rallies of 27.1% and 15.2%, respectively. On Friday, the ...