Tag: Roblox

  • Why It’s Time to Buy Roblox on Pullback

    Why It’s Time to Buy Roblox on Pullback

    Keep an eye on Roblox (RBLX). Over the last few days, the gaming stock plunged from about $37 to $30.51 on earnings. In its second quarter, the company posted a net loss of 46 cents, as compared to expectations for a loss of 44 cents. Bookings were $780.7 million, up from $639.9 million a year…

  • Roblox May Have Finally Bottomed Out

    Roblox May Have Finally Bottomed Out

    Roblox (RBLX) is showing big signs of life again. In fact, after plummeting from about $47 to $34, the stock is starting to pivot.  From current prices, we’d like to see RBLX refill its bearish gap around $46 again shortly.  Helping, the company topped quarterly bookings, with year-over-year growth of 23% to $773.8 million. Revenues…