2 Reasons to Buy Roblox Stock

·3 min read
2 Reasons to Buy Roblox Stock

With its share price down 37% year to date, Roblox (NYSE: RBLX) has faced the brunt of the crash. Let's explore three reasons why investors should take a closer look at Roblox's potential to capitalize on the metaverse opportunity. Analysts at Emergen Research expect the opportunity to expand at a compound annual growth rate (CAGR) of 43.3% (to $829 billion) by 2028 as advertising, e-commerce, and gaming companies take advantage of this exciting new medium.

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