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Is Now the Time to Go All-In on Roblox Stock?

Is Now the Time to Go All-In on Roblox Stock?

Roblox (NYSE: RBLX) stock is down more than 20% from its highs in early June after the video game platform company announced seemingly solid operating results for May. Whenever a stock price moves inversely to good news, it's time to dig deeper. After all, Roblox has a highly scalable business model, is rapidly growing its revenue and earnings, and is reinvesting its cash flow back into its business in the form of more research and development. In May, Roblox grew its daily active users (DAUs) by 28% over last year, to 43 million.