Roblox Stock Surges 37% in a Year: Should You Buy, Sell or Hold?

Shares of Roblox Corporation (RBLX) have appreciated 37.1% in the past year, outperforming the Zacks Gaming industry, which rose 30.1%. Roblox's performance has also surpassed the broader S&P 500 and the Zacks Consumer Discretionary sector's growth of 34.9% and 21.8%, respectively, in the same period. The stock closed at $41.39 yesterday, below its 52-week high of $48.43 but much above its 52-week low of $29.55. The company is benefiting from strong net bookings and an increase in average daily active users ...