Roblox went public 3 years ago—here's how much a $1,000 investment would be worth now

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Roblox Corp News

Personal Investing,Personal Finance,Tommy Hilfiger

The immersive online gaming platform made its stock market debut in 2021. Here's how much a $1,000 investment would be worth now.

In this photo illustration, the Roblox app seen displayed on a smartphone screen and a Roblox logo in the background.into an immersive online platform that allows its millions of users to create avatars, explore virtual worlds and play games created by other users and Roblox Studios.and Gucci can create content and games on the platform, which helps fuel its massive library of virtual experiences.

That being said, Roblox players spent 17.4 billion hours on the platform during its second quarter of 2024 — a 24% increase compared with the same time period last year, per Roblox's Rather than chasing whichever stock happens to be hottest at the moment, most financial experts recommend a more hands-off approach, such as investing inThese types of funds aim to replicate the performance of a market index like the S&P 500. Investing in such a fund spreads your investment dollars across a variety of companies, such as Microsoft, Nvidia and Amazon.

 

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