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Roblox Corporation ( RBLX -1.62%), the online gaming platform that's especially popular with teens and younger kids, saw its ...
The rumors that Roblox is shutting down emerged as lawsuits allege the gaming platform is not a safe environment for minors. Here's what to know.
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Why Roblox Stock Popped Today
According to Reese, Roblox stock, which costs less than $127 after getting hit hard earlier a couple of weeks ago on litigation concerns, could gain nearly 30% over the next 12 months.
CEO of Roblox Corporation David Baszucki says his company rolled out new security features to protect kids from predators, after a series of high-profile abuse cases.
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