Right after the release of its earnings on Nov. 7, Roblox’s (NASDAQ:RBLX) stock jumped 40%. It hasn’t stopped since. Source: Michael Vi / Shutterstock.com RBLX stock has moved even higher in recent days, breaking past a strong resistance level at $90 and topping the $140 mark. and even though it pulled back slightly, Roblox is…
Category: NASDAQ:RBLX
Activision Blizzard Stock Has Hard Times Ahead, But There’s Hope
Since the start of 2021 Activision Blizzard (NASDAQ:ATVI) stock has lost one-third of its value. Shares that started the year over $90 trade today at around $60. Source: Piotr Swat / Shutterstock.com Blame is being assigned to CEO Bobby Kotick, and a long-running sexual harassment scandal he either ignored or covered up. The stock’s fall…
Move Over, Roblox! EGLX Stock Is Soaring as Enthusiast Gaming Sets New Record
Over the past couple weeks, anything metaverse-related has taken off. The moves we’ve seen in companies such as Roblox (NASDAQ:RBLX) reflect this sentiment well. However, for investors in Enthusiast Gaming (NASDQ:EGLX) and EGLX stock, there’s — finally — reason to be excited. Source: Shutterstock I say “finally” because EGLX stock has been on a rather…
Nvidia: Metaverse Turns its Hype Factor to 11
If hype is measured in values from 1 to 10, Nvidia (NASDAQ:NVDA) stock is at 11. The metaverse, a combination of artificial intelligence and virtual reality around which Facebook is rebuilding as Meta Platforms (NASDAQ:FB), is behind the latest move in Nvidia stock. Just since early October, NVDA is up nearly 50%. Shares are up…
RBLX Stock: What Is Going on With Roblox Today?
Today, a number of app-based businesses are seeing impressive gains. For investors in Roblox (NASDAQ:RBLX), this is certainly the case. Currently, shares of RBLX stock are up more than 6% at the time of writing. Source: Michael Vi / Shutterstock.com This move is a continuation of some pretty strong momentum for Roblox in recent weeks.…
Why It Was Time To Sell My Facebook Stock
I recently sold my Facebook (NASDAQ:FB) stock, booking a profit of about 40%. Since I sold, Facebook is down 2.5%. Source: Ink Drop / Shutterstock.com The reason for selling has little to do with the Federal Trade Commission’s (FTC) amended complaint against Facebook. The idea that tech companies must only innovate internally once successful, and…
Gaming Stocks: Why TCEHY, SKLZ, TTWO, RBLX Stocks Are Losing Today
Today, gaming stocks are seeing some serious downside. Investors in high-profile gaming stocks such as Tencent (OTCMKTS:TCEHY), Take Two (NASDAQ:TTWO), Skillz (NASDAQ:SKLZ) and Roblox (NASDAQ:RBLX) are down substantially today. Investors in each of these global video game companies have seen declines ranging from 3% to 10% at the time of writing. Source: Rawpixel.com/Shutterstock.com It appears there are a number of factors investors are…