Roblox's Stock Price Fell Over 20% on Wednesday, but Is It Game Over?

By Jose Najarro – Nov 10, 2022 at 7:00AM

NYSE: RBLX

Roblox

Market Cap

$23B

Today's Change

(1.35%) $0.48

Current Price

$36.01

Price as of April 26, 2024, 4:00 p.m. ET

Roblox continues to grow its daily active users and other important metrics.

Today's video focuses on Roblox (RBLX 1.35%) and why its stock price dropped over 20% on Wednesday after the company reported earnings. In the video, I also discuss some bullish reasons why this could be a growth-style investment for those who can stomach this growth company's volatility. Check out the short video to learn more, consider subscribing, and click the special offer link below.

*Stock prices used were the market prices of Nov. 9, 2022. The video was published on Nov. 9, 2022.

Jose Najarro has positions in Roblox Corporation. The Motley Fool has positions in and recommends Roblox Corporation. The Motley Fool has a disclosure policy. Jose Najarro is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.