2 Reasons to Buy Roblox, and 1 Reason to Sell
Shares of Roblox (NYSE: RBLX) are up 36% year to date. They are, however, still more than 60% off their all-time high, set back in 2021.
So, is now the time for investors to buy or sell Roblox stock? Let's look at two reasons to buy now, one reason to sell, and what it all means for Roblox.
Roblox is a young company that operates an online metaverse-style gaming platform. As such, it's early in its business life cycle and is focused on growing its user base and revenue.
Source Fool.com