Why Roblox Stock Jumped Almost 21% Higher in June

One of the big stock success stories in recent times is the surge in popularity of Roblox (NYSE: RBLX) stock, which reached the vaunted level of $100 per share for the first time in its history as a stock. This was helped by a nearly 21% surge across the month of June, thanks largely to the surge in popularity of one of its titles, plus a clutch of positive new analyst takes on the online video game company.Roblox, whose stock was on a tear even before it reported market-pleasing first-quarter results at the start of May, was indisputably a pundit favorite the following month. More than a few prognosticators tracking the stock issued positive updates on its prospects, with several raising their price targets.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool