|Bid||126.40 x 900|
|Ask||126.50 x 1000|
|Day's range||124.97 - 137.71|
|52-week range||60.50 - 141.60|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Earnings date||08 Nov 2021|
|Forward dividend & yield||N/A (N/A)|
|1y target est||114.40|
LONDON, November 29, 2021--The British Fashion Council (BFC) is delighted to announce a brand new category as part of The Fashion Awards 2021—the first ever Fashion Award for Metaverse Design exclusively with Roblox and its first winner, cSapphire. This new award recognises a digital designer who pushes the boundaries and showcases excellence in digital fashion design within the metaverse. Five digital fashion creators from the Roblox community were shortlisted for the Award by Roblox’s develope
The metaverse, which blurs the lines between the physical and digital worlds, has become a hot topic over the past year. The concept isn't new, since miniature metaverses already exist within multiplayer video games, virtual and augmented reality experiences, and social networking platforms. Two tech companies that are frequently mentioned in those conversations are Meta Platforms (NASDAQ: FB), the company formerly known as Facebook, and Roblox (NYSE: RBLX), the popular game creation platform.
Online gaming stock Roblox (NYSE: RBLX) bounced back from a two-day sell-off on Wednesday, closing the day up 8.2% -- not quite enough to erase the losses earlier in the week, but at least lessening the pain somewhat. Oh, sure, some analysts will tell you that growth stocks sold off this week because investors got spooked over the risk of rising interest rates in the U.S. Since Friday's close, the yield on U.S. 10-year Treasury notes has risen about 9 basis points. While you can criticize the stock's valuation and its lack of profits according to generally accepted accounting principles, Roblox is actually a pretty significant cash generator, boasting more than $615 million in positive free cash flow generated over the past 12 months.