Is Roblox a Buy Around $100?

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However, the stock has declined 17.9% in price over the past month to close its last trading session at $102.40.

The stock slipped 9% last week after the company reported a decline in its daily active users in October after a massive outage on Halloween weekend. Furthermore, RBLX’s near-term prospects look bleak because schools have reopened, and children are spending less time at home.

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