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Why Roblox Stock Is Jumping This Week
RBLXRoblox(RBLX) The Motley Fool·2024-02-09 16:43

Roblox (RBLX -2.33%) stock is gaining this week thanks to solid Q4 results. The company's share price was up 8.2% from last week's market close as of 10:45 a.m. ET this Friday, according to data from S&P Global Market Intelligence.Roblox posted fourth-quarter earnings results on Feb. 7, reporting a smaller-than-expected loss and bookings that beat Wall Street's estimate. The metaverse leader recorded a loss of $0.52 per share, beating the average analyst estimate by $0.03 per share. Meanwhile, bookings of $ ...