Roblox (NYSE:RBLX) shares rise after Arete sets $95 target, cites older-player market at $68 billion
Roblox Corporation jumped 14.2% to $54.30 Monday afternoon after Arete Research switched to a bullish call on the videogame company. Shares reached as high as $55.32 during the session. Volume was at 10.2 million, putting Roblox's market cap at $38.65 billion.