Roblox Is Not Just for Kids Anymore

By Parkev Tatevosian, CFA – Sep 3, 2023 at 6:41AM

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

The metaverse pioneer continues to attract an older audience.

Fool.com contributor Parkev Tatevosian discusses why the aging up of Roblox's (RBLX 1.35%) user base is beneficial to investors.

*Stock prices used were the afternoon prices of Aug. 31, 2023. The video was published on Sept. 2, 2023.

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 his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.