Year's Communications losers lead week's rebound: Roblox, Twilio, Roku gain [Seeking Alpha]
Roblox Corporation Class A (RBLX)
Company Research
Source: Seeking Alpha
Year's Communications losers lead week's rebound: Roblox, Twilio, Roku gainJun. 25, 2022 1:16 PM ETRoblox Corporation ()XLCSTGWCANGMYPSWWEGTNBy:Jason AycockSA News Editorsefa ozel/E+ via Getty ImagesCommunications stocks this week pulled a turnaround from a couple of weeks in the doldrums - and after last week, when only a few large-cap stocks in the sector even managed a gain for the week, the situationis now reversed.Only one big-name Communications stock declined for the past week, with dozens of names rebounding in some broad relief buying.The Communication Services Select Sector SPDR Fund (rose 7.3%rose 7%best-performing sectors on the weekrose 6.6%And the gainers were sharp, and filled with beaten-down names that have suffered mightily this year. rose 47.5%fallen 63.1%up 25.9%down 62.2%Long-suffering long investors will recognize the other top names on the week's gainers chart: up 25.7%down 57.6%up 23%down 41%slid 68.5%As for decliners, only one large-cap name fell over that spa
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RBLX
News
- Roblox Stock Has 33% Upside, According to 1 Wall Street Analyst [Yahoo! Finance]Yahoo! Finance
- Roblox Co. (NYSE: RBLX) had its "buy" rating re-affirmed by analysts at Benchmark Co.. They now have a $50.00 price target on the stock.MarketBeat
- Roblox upgraded, Qualcomm initiated: Wall Street's top analyst calls [Yahoo! Finance]Yahoo! Finance
- Roblox Co. (NYSE: RBLX) was upgraded by analysts at JPMorgan Chase & Co. from a "neutral" rating to an "overweight" rating. They now have a $48.00 price target on the stock, up previously from $41.00.MarketBeat
- Roblox Co. (NYSE: RBLX) had its "buy" rating re-affirmed by analysts at Stifel Nicolaus. They now have a $53.00 price target on the stock.MarketBeat
RBLX
Earnings
- 2/7/24 - Beat
RBLX
Sec Filings
- 4/24/24 - Form 144
- 4/18/24 - Form 4
- 4/17/24 - Form 4
- RBLX's page on the SEC website