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Up Over 40% This Year, Is Roblox Stock Still a Buy?

Up Over 40% This Year, Is Roblox Stock Still a Buy?

Roblox (NYSE: RBLX) is an online gaming platform that lets users play games in various virtual 3D worlds. The large community aspect of Roblox has made it a huge hit among children and adult video game enthusiasts. Roblox went public in March 2021 at $62.50 per share, and by November 2021 its stock price was over $130.