2 Green Flags for Roblox's Future
Gaming platform Roblox (NYSE: RBLX) has received plenty of investor attention since the pandemic's onset. Its main product initially caught on with pre-teens, so the opportunities to engage with the Roblox app surged when students were sent home as part of broader COVID-19-related lockdowns. With just about all students now back in school or once again permitted to gather together for away-from-home activities, Roblox's engagement levels have leveled off or fallen and investors are worried.
While much of the investor attention has been focused on Roblox's short-term boom and reversal, some investors are losing sight of the strong long-term prospects of this company. Roblox's future has at least two meaningful green flags that should appeal to long-term investors. Let's take a closer look at each and see why they emphasize the investment potential for this company.
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Source Fool.com
