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3 Fantastic Reasons to Buy Roblox Stock Before 2024

3 Fantastic Reasons to Buy Roblox Stock Before 2024

Shares of Roblox (NYSE: RBLX) are down nearly 60% since the stock started trading in 2021. Several factors are to blame, including slowing revenue growth amid macroeconomic headwinds and growing operating expenses hurting the company's profits. Roblox founder and CEO David Baszucki has mentioned a goal of reaching 1 billion users one day.