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Why Roblox Stock Soared Today


Shares of Roblox (NYSE: RBLX) headed higher on Tuesday, closing the day up 9.4% after toymaker Hasbro (NASDAQ: HAS) announced that it will partner with the internet gaming hub company "to bring Roblox immersive digital worlds to life" in physical form.  

(The news didn't do nearly as much good for Hasbro; its stock gained only 1.8%.)

Image source: Getty Images.

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Source Fool.com

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