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.
Ian Tuttle/Getty Images Entertainment Roblox Basics
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