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Down 68%, This Metaverse Stock Is a Screaming Buy Right Now

·4 min read
Down 68%, This Metaverse Stock Is a Screaming Buy Right Now
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Shares of Roblox (NYSE: RBLX) have been on a roller-coaster ride of late due to the company's results for the first quarter of 2022. Bookings fell short of Wall Street's expectations and the loss per share was bigger than expected. Roblox reported first-quarter revenue of $537 million, up 39% over the prior-year period.