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Is It Too Late to Buy Roblox?

TheMotleyFool

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When Roblox (NYSE: RBLX) came to the public markets via direct listing in early 2021, investor excitement was evident as the stock closed on its first day of trading up 54% at $69.50. Leading up to its most recent earnings release on Nov. 8, shares had seen modest appreciation, closing that day at $77.

Since that report, shares are up over 40% but are cooling a bit from the post-earnings pop that saw the price hit a high of $134.72 on Nov. 19. Large gains in a short amount of time often make investors feel like they missed the boat. So is it too late to buy Roblox? Let's take a look.

Image source: Getty Images.

Source Fool.com

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