Advertisement
New Zealand markets close in 3 hours 38 minutes
  • NZX 50

    11,822.15
    -13.89 (-0.12%)
     
  • NZD/USD

    0.5880
    -0.0026 (-0.44%)
     
  • NZD/EUR

    0.5525
    -0.0020 (-0.35%)
     
  • ALL ORDS

    7,827.10
    -71.80 (-0.91%)
     
  • ASX 200

    7,569.60
    -72.50 (-0.95%)
     
  • OIL

    84.24
    +1.51 (+1.83%)
     
  • GOLD

    2,404.40
    +6.40 (+0.27%)
     
  • NASDAQ

    17,394.31
    -99.31 (-0.57%)
     
  • FTSE

    7,877.05
    +29.06 (+0.37%)
     
  • Dow Jones

    37,775.38
    +22.07 (+0.06%)
     
  • DAX

    17,837.40
    +67.38 (+0.38%)
     
  • Hang Seng

    16,385.87
    0.00 (0.00%)
     
  • NIKKEI 225

    37,292.78
    -786.92 (-2.07%)
     
  • NZD/JPY

    90.7970
    -0.4570 (-0.50%)
     

Roblox Stock: Bear vs. Bull

Roblox Stock: Bear vs. Bull

Roblox's (NYSE: RBLX) stock closed at a record high of $134.72 last November. At the time, investors were so enthusiastic about the gaming platform company's growth potential in the metaverse that they valued it at $78 billion -- or 29 times the bookings it would generate in 2021.