Is Roblox Stock a Buy Now?
Roblox(RBLX) The Motley Fool·2024-08-12 20:00
While Roblox might have the potential to become a long-term winner, there are still plenty of uncertainties ahead. After reaching a 12-month low of below $25, Roblox's (RBLX -0.40%) stock price rebounded in the next few months to trade at $39 recently. The general strong momentum of the tech sector and its solid financial performance have been the main drivers of its stock rise. But for those who missed the boat, is it still a good time to buy Roblox stock to capitalize on the upside swing? This article wil ...