![]() The ones that managed to sustain growth and improve metrics went on to become potential good buys. ![]() As pandemic shutdowns eased, many of these so-called pandemic stocks lost their luster. Since then, its price has fallen 75% (64% just in 2022). Investors got excited and it became a "pandemic stock."īy November 2021, the stock was trading at $141.60 a share. Roblox added millions of daily active users (DAUs) in 20. Right now, Roblox's platform enables users to play and create games, and it gained a lot of new users during the start of the pandemic as other entertainment venues closed temporarily. ![]() The technologies its developing also have metaverse-related potential beyond gaming. Roblox (NYSE: RBLX) is currently building up its game venue in the metaverse. The metaverse concept also involves a range of virtual reality (VR) and augmented reality (AR) scenarios. This digital, three-dimensional world (or worlds) will be immersive and accessible in real-time by an unlimited number of people and it will allow for social interactions, commerce, and more. There has been a lot of talk about the metaverse lately and about companies working to take advantage of this hot new trend. A stock with plenty of rise (and a significant fall)
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |