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An analyst initiated coverage of Roblox today, forecasting that it would lose to the market. However, this analyst also pointed out the strong quality of Roblox's business, which is something for ...
What happenedShares of Roblox (NYSE: RBLX) were down on Monday after an analyst said he believes the stock will underperform the market from here. As of noon ET, Roblox stock was only down 2%, but ...
However, management offered a positive outlook for 2023. With the stock down 68% year to date, Roblox could be a tempting buy following the earnings report.
Roblox stock has been hit hard, as have most technology stocks. But the company’s financials are holding up well. Here's a quick run through of the financials of this unique gaming mainstay.