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Roblox Stock Has Halved In 1 Year But This Analyst Sees Path For Continued Monetization Growth In US
Needham analyst Bernie McTernan maintained Roblox Corp (NYSE:RBLX) with a Buy and cut the price target from $55 to $53 after lower-than-expected August…
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What Are Whales Doing With Roblox
Someone with a lot of money to spend has taken a bearish stance on Roblox (NYSE:RBLX).
And retail traders should know.
We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.
Why Roblox Shares Are Diving
Roblox Corp (NYSE: RBLX) shares are trading lower by 9.26% to $39.46 on continued downward momentum following the company's Investor Day event. Also, LightShed partner Brandon Ross tweeted the company's booking growth in August decelerated month over month.
Needham Maintains Buy on Roblox, Lowers Price Target to $53
Needham analyst Bernie McTernan maintains Roblox (NYSE:RBLX) with a Buy and lowers the price target from $55 to $53.
What’s Going On With Roblox Shares
Roblox Corp (NYSE: RBLX) shares are trading lower by 5.91% to $42.52 going into the close of Thursday's trading session.
What's Happening?
‘Roblox DAU hit an all time high of 59.9mm in August. August bookings decelerated to 7% y/y growth in August and was down 4% from July. $RBLX’ – Tweet By Brandon Ross
https://twitter.com/BrandoLightShed/status/1570491001881636866