Roblox (NYSE: RBLX) is a popular metaverse gaming platform for children and teenagers, launched in 2004, which went public in March 2021 with an IPO price of $45. The stock has experienced significant volatility, peaking at $134 in November 2021 before dropping to $27 in June 2022, but has since rebounded over 250% in the past year, nearing its all-time high as of August 4, despite a key red flag for investors.
Want More Context? 🔎
Loading PerspectiveSplit analysis...
