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Roblox, IBD Stock Of The Day, Is Growing Like A Weed Thanks To Hit Games
RobloxRBLX is the IBD Stock Of The Day as the kid-centric online platform basks in the success of several hit video games.On ...
In recent trading, shares of Roblox Corp (Symbol: RBLX) have crossed above the average analyst 12-month target price of $68.67, changing hands for $69.00/share. When a stock reaches the target an ...
Roblox is benefitting from unit economies, with bookings growth outpacing the growth in fixed growth. I expect Roblox to exceed management’s full-year guidance for bookings and free cash flow.
The short-seller Hindenburg Research accused Roblox of lying to investors and inflating user data. Shares in the company fell as much as 9.4% on Tuesday. Hindenburg also said the gaming platform was ...
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