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2 Reasons Investors Should Not Give Up on Roblox Stock Yet

TheMotleyFool

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2 Reasons Investors Should Not Give Up on Roblox Stock Yet: https://g.foolcdn.com/editorial/images/744492/video-games-mobile-cellphone-getty-8117.jpg

Roblox's (NYSE: RBLX) stock has been in the limelight lately after plunging more than 20% following its second-quarter 2023 earnings announcement. While Roblox's 15% revenue growth in the quarter was nothing to be ashamed of, investors were disappointed by the decline in the growth rate compared to the 22% top-line growth in the first quarter of 2023.

Still, digging further into the result reveals other positive factors that investors should know before giving up on the company.

Image source: Getty Images.

Source Fool.com

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