Is Roblox Stock a Buy?
Roblox (NYSE: RBLX) stock has been on a roller-coaster ride since the company went public in 2021. In its first year as a public company, shares climbed over 90% from their IPO price to reach a high of $134.72 before plummeting to a low of $23.19 just a few months later.
The bulls celebrate the company's potential as it rides the metaverse trend, while the bears worry that the metaverse is just hype that will fade over time.
Let's consider the arguments from both sides before concluding whether Roblox stock is a good investment.
Source Fool.com
