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0 0.000846740050804355 0.000677392040643508 0.000677392040643508 0.00355630821337851 0.00254022015241319 -0.018458933107536 -0.00465707027942419
Stock impact report

Why Roblox Stock Was Hot With Investors This Week [Yahoo! Finance]

Roblox Corporation Class A (RBLX) 
Company Research Source: Yahoo! Finance
With that gust of wind at its back Roblox's stock was enjoying a nearly 18% gain week to date as of late Thursday evening, according to data compiled by S&P Global Market Intelligence . In fact, the shares notched a new year-to-date high that day, at nearly $59 per share. Roblox already had good momentum going into the week. Just before Thanksgiving it announced a special deal on Robux, its proprietary, in-game digital currency. In a message posted on its Creator Forum, the company said it is offering users discounts up to 25% when purchasing Robux via the company's gift cards, its app, or its website. Are You Missing The Morning Scoop? Breakfast News delivers it all in a quick, Foolish, and free daily newsletter. Sign Up For Free » This is a sensible move to push out middlemen such as Apple and Alphabet , which typically take chunky cuts of every sale made through their app marketplaces. Investors traded Roblox stock up on that news. This was compounded by that new research n Show less Read more
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