Reported 2 days ago
Roblox's stock has surged over 80% this year, nearing its 52-week high, following a strong quarter with significant revenue growth. The company is exploring further growth avenues, such as advertising and targeting older demographics, although it is still not profitable. As it continues to enhance its financial health and expand its user base, many believe it might still be a good time to invest, despite concerns about valuation.
Source: YAHOO