Roblox (NYSE: RBLX), focused on bringing the world together through play, was featured in a recent LikeFolio analysis report that discussed its performance since its debut into public trading. The report, written by LikeFolio Founder Andy Swan, reads, “On Monday, several investment banks initiated buy ratings for the video game company Roblox (NYSE: RBLX). Although the stock has been trading publicly for less than a month, LikeFolio has maintained a bullish outlook from the onset of coverage. Purchase intent mentions for the gaming platform rose to a new ATH in 21Q1 (ended 3/31), up +79% from the prior year. Shares have rallied nearly +10% in the past week, but we’re expecting to see them continue to rise going forward.”
About Roblox Corporation
Roblox’s mission is to bring the world together through play. Roblox enables anyone to imagine, create and have fun with friends as they explore millions of immersive 3D experiences, all built by a global community of developers. For more information about the company, visit www.Corp.Roblox.com
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