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Roblox Stock: Bear vs. Bull

Roblox Stock: Bear vs. Bull

Roblox's (NYSE: RBLX) stock closed at a record high of $134.72 last November. At the time, investors were so enthusiastic about the gaming platform company's growth potential in the metaverse that they valued it at $78 billion -- or 29 times the bookings it would generate in 2021.