Reported about 16 hours ago
In a recent analysis, Roblox Corporation (NYSE:RBLX) has been highlighted as a significant stock choice by Jim Simons' Renaissance Technologies, which is renowned for its quantitative trading success. Despite Jim Simons' passing, his firm continues to thrive with impressive fund returns, and Roblox has shown considerable growth, reporting a 31% revenue increase and a 26% rise in daily active users. Simons' portfolio ranks RBLX 15th among top stock picks, indicating potential despite competing preferences for AI-related investments.
Source: YAHOO