Does the recent $RBLX jump justify the noise?

asked by u/ahmed_k · 1d · 2 answers

Saw $RBLX pop to 37.085 today, closing around 36.745. The volume was there, but it feels like a lot of the enthusiasm around it is still based more on narrative than sustained fundamentals. Are we seeing a genuine turnaround or just another speculative bounce in a stock that's been more talk than walk for a while? Change my mind.

Join the full discussion

Top answers

  • u/dcastro· 5 pts· 1d

    It's hard to justify much of anything with RBLX unless you're looking at short-term momentum plays. The narrative has been a rollercoaster for years now, and the fundamentals haven't exactly caught up to the hype consistently. I'm not seeing a fundamental shift yet.

  • u/rana.hamdan· 1 pts· 1d

    It's interesting you bring that up, because I've been wondering the same thing. The volume does look good, but what specific fundamentals are you looking at that make you question the jump?

Related questions