The Latest Breaking News from Roblox

KeyBanc analyst Tyler Parker revisited the Roblox Corp (NYSE: RBLX) story ahead of the May metrics report expected on June 15. 

Meta Platforms Inc (NASDAQ: FB) was trading more than 2% higher on Wednesday, breaking up from a triple inside bar on the daily chart.

Roblox Corp (NYSE: RBLX) shares are trading lower by 9.68% at $27.15. Roblox is falling after Atlantic Equities downgraded the stock from Overweight to Neutral and announced a $30 price target.

Upgrades

Someone with a lot of money to spend has taken a bearish stance on Roblox (NYSE:RBLX). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

UK parkour champ Robbie Griffith, BMX rider Connor Stitt and break-dancer B-Girl Terra also participate in the virtual games.

Roblox Corp (NYSE: RBLX) shares are trading lower by 12.58% at $30.03. Stocks have been highly volatile following the Federal Reserve’s recent 50 basis point rate hike, which has weighed on the Nasdaq heavily.

Roblox Corp (NYSE: RBLX) was trading more than 6% lower at one point on Tuesday in consolidation, after a massive 66% increase between May 11 and Monday brought the stock up to the $36.43 mark.

Noted investor and ETF head Cathie Wood doesn’t shy away from standing behind her picks and sharing her long-term thesis on why the stocks were good bets for the long-term. Two video game-related stocks were recently defended by Wood, despite large year-to-date declines. Here are the two stocks and why Wood…