Over 1 Year Ago
1 Min Read

RBLX is making big moves today. Find out why the stock is trading -6% lower:



Shares of Roblox Corporation (RBLX) are trading -6% lower at a price of $35.84 at the time of this writing. While it's generally been a meh day for this part of the market, the company is trailing behind it's peers in the Communication Services sector.


Roblox Corporation has been trading between a 52-week high of $141.6 and a 52-week low of $21.65. The stock has a market cap of $19.5 Billion.

Roblox's mission is to build a human co-experience platform that enables shared experiences among billions of users. Every day, more than 36 million people around the world have fun with friends as they explore millions of immersive digital experiences. All of these experiences are built by the Roblox community, made up of over five million creators.

Headlines


Hyundai Venue N Line Metaverse launch: Sneak peek into the next-level interactive experience
Economic Times India 09-06-22

Roblox Corporation (NYSE:RBLX) Stock Dropped -62.67% Year-To-Date, What Analysts Expect Next?
Marketing Sentinel 09-02-22

7 of Cathie Wood’s Favorite Stocks to Buy Now
InvestorPlace 09-01-22

RBLX vs. TTWO vs. ATVI: Which Gaming Stock is Better?
TipRanks 08-31-22

Metaverse Company Skirts Stock-Market ‘Abyss'' To Take Roblox Users Down VMA''s Virtual Red Carpet
Business Mag 08-27-22


As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:

UltimateTraders - 2 upvotes - source
$meta is very profitable, how about $rblx ? I have $rblx puts and massive insider sales last 30 days Mama wood is bullish

700Mile - 1 upvotes - source
Might as well say RBLX too & buy more crypto