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Why Is Everyone Talking About Roblox Stock?

The metaverse pioneer delivered some excellent news to investors.

By Parkev Tatevosian, CFA – Jan 19, 2023 at 8:01AM EST

Roblox (RBLX 7.01%) updated investors with essential company metrics. Investors liked what they saw, and Roblox stock jumped double-digits on the news.

*Stock prices used were the afternoon prices of Jan. 16, 2023. The video was published on Jan. 18, 2023.

Read Next

About the Author

Parkev Tatevosian, CFA
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
TMFParkev
X@TMFParkev

Parkev Tatevosian, CFA has positions in Roblox. The Motley Fool has positions in and recommends Roblox. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through fool.com/parkev, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

Stocks Mentioned

Roblox Stock Quote
Roblox
NYSE: RBLX
$55.45
(-7.03%)-$4.19

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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