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Is Roblox Stock a Buy After the IPO?

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The COVID-19 pandemic sent the economy reeling, but some industries have thrived.

You already know about success stories like Zoom Inc.

(NASDAQ: ZM) taking off thanks to new remote work trends.

But another industry is quietly thriving in this new economy too: video games.

That’s exactly why I want to talk to you about the Roblox IPO.

Kids and adults alike have been flocking to games as a way to virtually hang out and as a great indoor activity.

Unity Software Inc.

(NYSE: U), a game development platform that went public last month has already seen its stock price surge roughly 75% and has been on my radar as one of the best IPOs of the year.

.

Roblox could be on the same trajectory…

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The post Is Roblox Stock a Buy After the IPO? appeared first on Money Morning – We Make Investing Profitable.



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