Roblox: Valuation And Margins Matter (NYSE:RBLX)

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Roblox Developer Conference 2019

Ian Tuttle

When I first looked at Roblox (NYSE:RBLX) in March, I placed a “Sell” rating on the stock, saying that while I thought it had an attractive fly-wheel business model, I thought the stock valuation was well ahead of itself. With the stock down

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