Shares of Roblox Corporation (RBLX) are trading -3% lower at a price of $34.93 at the time of this writing. While it's generally been a mildly cheery day for this part of the market, the company is lagging 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 $19.1 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.
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Why Roblox Stock Was Down on Thursday
The Motley Fool 09-29-22
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™: