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Why Roblox Stock Roared Higher Today

TheMotleyFool

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The past week has not been a fun time to own growth stocks. Over the seven days ending Wednesday night, the growth-tilted Nasdaq lost 12.3% of its value, and it's down another 1.9% as of 2:35 p.m. ET today.

But while the Nasdaq as a whole is going down, all of a sudden today, one of the growthiest of growth stocks -- video gaming platform Roblox (NYSE: RBLX) -- is heading the other way and is up 14.3%!

Image source: Getty Images.

Source Fool.com

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