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Is It Too Late to Buy Roblox Stock?

Harsh Chauhan, The Motley Fool
·4-min read
Is It Too Late to Buy Roblox Stock?

Shares of Roblox (NYSE: RBLX) have been down in the dumps in 2022, losing 67% of their value as fears regarding a slowdown in the company's growth have led investors to press the panic button. Roblox operates an online platform that's used by developers and creators to create, publish, and operate three-dimensional (3D) virtual experiences such as video games and other virtual worlds. Roblox's eye-popping growth led to a terrific rally after the stock made its debut on the market on March 10, 2021, by way of a direct listing.

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