Better Growth Stock: Roblox vs. Coinbase Global
Roblox (NYSE: RBLX) and Coinbase (NASDAQ: COIN) were two of the market's hottest growth stocks last year. Roblox went public via a direct listing last March, and it started trading at $64.50 and surged to an all-time high of $134.72 last November. It now trades at less than $50.
Coinbase also went public through a direct listing last April. It started trading at $381, endured a volatile trading session before closing at $310 on the first day, and eventually closed at an all-time high of $357.39 last November. Today, the stock trades at about $90.
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Source Fool.com
