Roblox Stock: Bull vs. Bear
Roblox (NYSE: RBLX) is an early leader in the metaverse space that has seen some volatile trading since going public in March 2021. Spurred by some strong engagement numbers and some rebound momentum for growth stocks, the company's share price has rallied roughly 27% this year. On the other hand, the stock still trades down roughly 73% from its peak valuation level.
Should investors be building positions in this innovative software company in preparation for a much bigger stock recovery, or is this risky growth stock's valuation still too rich? Read on to see why two Motley Fool contributors have very different takes on whether Roblox stock is a worthwhile buy right now.
Image source: Roblox.
Source Fool.com