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Is Roblox a Buy Right Now?

TheMotleyFool

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Investors in Roblox (NYSE: RBLX) have had a bumpy ride lately. After closing at $70 on its first day of trading, the gaming platform's stock surged to a high of $140 in the subsequent months. The stock price has since dropped by more than 55%.

While existing investors might be upset with the recent share price correction, those who have missed the boat earlier have another opportunity to buy Roblox stock on the cheap. But should they grab it?

Image source: Getty Images.

Source Fool.com

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