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Roblox shares were priced at $45. They closed the first day of trading up 54.4%. Since then, they’ve lost 20% of their value, but not before hitting an all-time high of $141.60 in November.
Let’s say that you want to build the model of a race car. Right now, Roblox’s AI can only generate a 3D model that looks like a race car from the outside.
If you look at the chart RBLX, it seems that the $70-90 dollar range that it traded in from July to November was its “neutral” price before its exaggerated moves.
Analyst price targets range from a low of $21.00 per share to a high of $55.00 per share.The Bottom Line on Roblox StockIt's easy to dismiss Roblox stock as shares continue to feel the heat of ...