According to the average brokerage recommendation (ABR), one should invest in Roblox (RBLX). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?
As the Q2 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the video gaming industry, including Electronic Arts (NASDAQ:EA) and its peers.
The company’s stock fell as much as 9% following the report.