2 Reasons Investors Should Not Give Up on Roblox Stock Yet
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.
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Source Fool.com