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After reaching a 12-month low of below $25, Roblox's (NYSE: RBLX) stock price rebounded in the next few months to trade at $39 recently. The general strong momentum of the tech sector and its ...
As for Roblox, the company's fourth-quarter bookings grew 25% year over year to $1.13 billion; this also represents substantial growth over Roblox's third-quarter 2023 bookings of $839.5 million.
Roblox’s 37.1% return over the past six months has outpaced the S&P 500 by 32.1%, and its stock price has climbed to $60.52 per share. This run-up might have investors contemplating their next move.
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