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Is Roblox Stock a Buy After the IPO?

The COVID-19 pandemic sent the economy reeling, but some industries have thrived. You already know about success stories like Zoom Inc. (NASDAQ: ZM) taking off thanks to new remote work trends. But another industry is quietly thriving in this new economy too: video games. That’s exactly why I want to talk to you about the Roblox IPO. Kids and adults alike have been flocking to games as a way to virtually hang out and as a great indoor activity. Unity Software Inc. (NYSE: U), a game development platform that went public last month has already seen its stock price surge roughly 75% and has been on my radar as one of the best IPOs of the year. . Roblox could be on the same trajectory… To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2020 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Is Roblox Stock a Buy After the IPO? appeared first on Money Morning - We Make Investing Profitable .
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