Tag: Wedbush Securities
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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…