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Why Roblox Stock Popped, Then Dropped

TheMotleyFool

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Shares of online gaming platform Roblox (NYSE: RBLX) ran up sharply on Thursday morning, putting the company on course for a sixth straight trading day of gains. At one point, Roblox was up by more than 11% before giving back all those gains -- and more -- in the afternoon. As of 1:55 p.m. ET, Roblox stock is actually down 2.1%.

If Wall Street analysts are right, however, the stock could soon head higher once again.

Image source: Getty Images.

Source Fool.com

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