2024 has turned out to be a great year for Roblox (NYSE: RBLX) as its stock price rose 25% year to date (as of writing), reaching a level not seen since 2022.

While there is general optimism in the stock market, company-specific reasons remain the biggest drivers of Roblox's solid stock performance. In particular, its sustained financial performance gives investors hope that the momentum could continue for a while.

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Source Fool.com