Then again, its recovery has little to do with Apple's ( AAPL) launch of Vision Pro spatial headset. ![]() ![]() Well, hindsight appears to be 20/20, since the RBLX stock has already recorded an optimistic +26.20% recovery since then, thanks to the bottoming stock market in December 2022 and the better than expected FQ1'23 bookings. This was largely attributed to the uncertain metaverse outlook during the volatile macroeconomic environment then. We previously covered Roblox Corporation ( NYSE: RBLX) in December 2022, ending with a Hold rating, given the supposed little catalyst for intermediate-term recovery. Klaus Vedfelt/DigitalVision via Getty Images The RBLX Investment Thesis Remains Highly Speculative
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