Investors looking for bargains might want to turn their attention to Roblox (NYSE: RBLX).

Shares of the company behind the user-centric gaming platform fell by about 20% after management relayed some news that disappointed most Wall Street analysts.

Bucking the trend, BMO Capital's Brian Pitz expects strong profit growth in the quarters ahead, despite a lowered outlook for quarterly bookings for the rest of 2024.

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Source Fool.com