This Cathie Wood Metaverse Stock Was Just Hit With a Short Report. Should You Sell?
Although it's in very early stages, one core pillar of the metaverse is gaming. This makes sense because gamers will be able to interact and socialize with one another with the development of virtual and augmented reality. It seems like every technology company is looking to capitalize on rising interest in the metaverse, with behemoths such as Meta Platforms and Nvidia leading the way.
Roblox (NYSE: RBLX), a smaller gaming company and Cathie Wood favorite, has also made a name for itself as a key player in this next frontier of the internet. However, the company's growth and popularity have not come without criticism. Roblox was slapped with a short report earlier this month, and recently reported less than stellar 2021 full-year earnings. Is now the time to sell, or buy on the dip?
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Source Fool.com
