![]() ![]() The content built by its community of developers powers the Roblox platform, which attracts users. Additionally, Roblox Studio is a free toolset enabling developers to build, publish and operate 3D experiences, while Roblox Cloud includes the services and infrastructure required to power the entire experience. The platform consists of Roblox Client, an application that allows users to access or explore 3D digital worlds. Roblox owns and operates a free-to-play platform that connects millions of global users daily. So, let’s see if Roblox can continue its impressive rally in Q2 of 2023 and beyond. ![]() However, despite the recent uptick in share prices, RBLX stock is still trading 66% below all-time highs as investors remain worried about macroeconomic headwinds such as inflation, rising interest rates, geopolitical tensions, and supply chain disruptions. Similar to most other tech stocks, Roblox has gained significant momentum in recent months, surging 63% year-to-date, valuing the company at a market cap of $25.6 billion. Shares of Roblox (RBLX) have been on an absolute tear in 2023. ![]()
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