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December metrics show some improvement.
In this video, I will talk about Roblox (RBLX 3.43%), specifically why the stock soared 12% on Tuesday after the company released its December metrics. While revenue growth improved, I personally think investors should wait before jumping in.
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*Stock prices used were from the trading day of Jan. 17, 2023. The video was published on Jan. 17, 2023.
Neil Rozenbaum has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Roblox. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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