Roblox Is Set for Better Times in 2024 and Beyond. Here's Why
Roblox(RBLX) The Motley Fool·2024-07-15 14:07
The video game platform company intends to multiply in size But investors' optimism about it faltered in the following few quarters, and its stock price slid below $25 per share. Concerns about the sustainability of its growth and its lack of profitability were some of the main drivers of the stock's poor performance. Now, however, there are signs that Roblox has been through the worst and is well-positioned for better times in the future. The early phases of the pandemic created conditions that were ideal ...