RBLX

$81.14
-$1.84 (-2.2%)
Closing price June 18, 2021
One of Cathie Wood's Ark Invest funds bought over 130,000 shares of Roblox on June 16.
24/7 Wall St. takes a look at famed market personality Jim Cramer’s latest buy and sell recommendations and overall analysis.
While the week of May 10 won't see as many earnings reports as the past week, there remain plenty to pay attention to as the economy exits its COVID-19 doldrums.
24/7 Wall St. looks at some big analyst calls that we have seen so far on Tuesday, including Domino’s Pizza, Editas Medicine, Roblox, Teva Pharmaceutical Industries and U.S. Steel.
Goldman Sachs has initiated coverage on two companies that less than a month ago had eye-popping IPOs.
Roblox only came public about a month ago and made a huge splash in its debut. So it makes sense that analysts are overly positive on the stock following the close of the quiet period.
Monday's top analyst upgrades and downgrades included AMC Entertainment, Caesars Entertainment, Ford, Harley-Davidson, JetBlue Airways, Microsoft, Palo Alto Networks, Spotify and Tesla.
Roblox has seen a recent run-up in its stock price since it came public last week. The company originally priced its shares at $45 for the IPO but the offering was much more explosive than that.
Tuesday's top analyst upgrades and downgrades included Adobe, Altria, AstraZeneca, Crowdstrike, Microsoft, Roblox, Starbucks, Ulta Beauty and Zoom Video Communications.
One of Cathie Wood's Ark Invest funds bought over 500,000 shares of Roblox on March 10.
Online game platform operator Roblox has filed with the SEC regarding its initial public offering.