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Why Roblox Stock Just Jumped 9%

TheMotleyFool

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Shares of Roblox (NYSE: RBLX), the red-hot online gaming platform that caters to the elementary-school set, had surged 8.6% as of 12:35 p.m. ET on Wednesday, and they did so after Wall Street analysts downgraded their price targets on the stock.

Avatars found on Roblox. Image source: Roblox.

Yesterday, Roblox reported metrics for February, showing:

Source Fool.com

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