Step 1: Research Roblox’s Financial History & Reports Investors interested in pursuing a potential investor should consider these steps while also doing their due diligence on the stock. This report is not a recommendation to buy RBLX but instead a guide on how to purchase the stock. As of March 2022, the stock is trading in the $40 to $42 range. It saw a high in November 2021 of $134 per share. Its shares opened at $64.50 with a market capitalization of $42 billion on March 10, 2021. Roblox is found on the New York Stock Exchange under the symbol RBLX. The company also has licensing agreements with Toys ‘R’ Us and Walmart. Key advertisers include Disney, Lego, and Warner Bros. The primary way Roblox makes money is through advertising on the platform. It combines gaming, game development, and social media into one platform where kids develop, game, and interact. Roblox is a social phenomenon for kids under the age of 16. The Short-Term Technical score evaluates a stock's trading pattern over the past month and is most useful to short-term stock and option traders.Ian Tuttle/Getty Images Entertainment Roblox Basics Roblox Corp currently has the 93th highest Short-Term Technical score in the Electronic Gaming & Multimedia industry. This means that the stock's trading pattern over the last month have been neutral. RBLX gets a average Short-Term Technical score of 60 from InvestorsObserver's proprietary ranking system. The overall score is a great starting point for investors that are beginning to evaluate a stock. InvestorsObserver's overall ranking system is a comprehensive evaluation and considers both technical and fundamental factors when evaluating a stock. RBLX has a roughly average overall score of 57 meaning the stock holds a better value than 57% of stocks at its current price. Pre-market tends to be more volatile due to significantly lower volume as most investors only trade between standard trading hours. RBLX stock closed at $41.33 and is down -$1.43 during pre-market trading.
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