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Why Roblox Stock Popped Today

TheMotleyFool

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Roblox (NYSE: RBLX), which operates an online gaming platform especially popular with teens and younger kids, saw its stock jump 7.8% through 11:20 a.m. ET Monday after receiving a positive appraisal from Wedbush analyst Alicia Reese.

According to Reese, Roblox stock, which costs less than $127 after getting hit hard earlier a couple of weeks ago on litigation concerns, could gain nearly 30% over the next 12 months.

Image source: Getty Images.

Source Fool.com

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