The Latest Breaking News from RBLX

Roblox Corp. (NYSE: RBLX) shares are trading lower Thursday after the Bear Cave released a short report on the company. Shares recently fell below a key support level and are looking to rebound. Roblox was down 6.47% at $61.89 Thursday afternoon. 

Shares of several social media and metaverse-related stocks, including Pinterest Inc (NYSE: PINS), Roblox Corp (NYSE: RBLX), Snap Inc (NYSE:

Cathie Wood’s flagship fund, the ARK Innovation ETF (ARKK), gained in triple digit percentage terms during 2020, which propelled her to widespread notoriety. However, in 2021 the fund declined. Furthermore, short interest against ARKK has increased, and bets against her other funds are near record highs. Amid this, we think…

Shares of social media, streaming and gaming companies, including Netflix Inc (NASDAQ: NFLX), Roblox Corp (NYSE: RBLX), Roku Inc (NASDAQ:

Cathie Wood’s ARK ETFs are significantly down this year. Wood’s holdings Roblox (RBLX) and Invitae (NVTA) have plunged over the past few months and we believe more downside in the months ahead.

Someone with a lot of money to spend has taken a bearish stance on Roblox (NYSE:RBLX). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Roblox (NYSE:RBLX) has observed the following analyst ratings within the last quarter:

After attaining record price highs last year, many stocks suffered sell-offs earlier this year on investors’ concerns about looming interest rate hikes. However, even after recent corrections, tech stocks Roblox (RBLX), Twilio (TWLO), Unity Software (U), and Cloudflare (NET) still look overvalued. Therefore, we think these stocks are still best…