2 Green Flags for Roblox Stock, and 1 Red Flag to Watch

If you have a child in their teenage years or younger, there's a good chance that you have heard of Roblox (NYSE: RBLX). The metaverse gaming platform has been a hit among young folks since it was created in 2004 and reached its first 1 million registered users in 2006.Roblox went public in March 2021, and the stock has been on a rollercoaster ride since then. Its IPO price was $45, but the stock surged to $134 by November 2021. Nearly seven months later, it had lost around 80% of its value, dropping to $27 in June 2022. However, in the past 12 months, the stock is up more than 250% and flirting with its all-time high (as of Aug. 4).There's a lot to like about Roblox and its direction, but there's also one key red flag that investors should be aware of. Let's take a look at what those are before you make an investment decision.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool