12.6 C
New York
Monday, March 4, 2024

Roblox Stock: Upgrading To ‘Hold’ After Stock Decline And Ad Opportunity (NYSE:RBLX)

Roblox Stock: Upgrading To ‘Hold’ After Stock Decline And Ad Opportunity (NYSE:RBLX)


Ian Tuttle

Back in March, I placed a sell rating on Roblox (NYSE:RBLX) saying that while it has an attractive fly-wheel model that its valuation was sky-high. With the stock down -30% since then versus a 9% gain for the S&P, let’s



Source link

Latest stories