Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.



home / news releases / RBLX - Roblox: Meta Platform's Strong Ad Results Prove The Potential For Growth Here


RBLX - Roblox: Meta Platform's Strong Ad Results Prove The Potential For Growth Here

2024-04-27 01:29:04 ET

Summary

  • Roblox has launched its own in-game ad solutions, including Image Ads and Portal Ads, which have the potential for better monetization rates and engagement.
  • Meta's positive outlook on ads and improved ad monetization efficiency is a boost for Roblox's prospects.
  • Roblox's ad revenue has the potential to add a boost to its bookings, providing an immediate way to recognize high-margin revenue upfront.

Investment Thesis

Roblox (RBLX) recently launched their own in-game ad solutions, which are based on placing interactive ads within games. Per the release, the current ad formats offered are Image Ads and Portal Ads within games....

For further details see:

Roblox: Meta Platform's Strong Ad Results Prove The Potential For Growth Here
Stock Information

Company Name: Roblox Corporation Class A
Stock Symbol: RBLX
Market: NYSE
Website: corp.roblox.com

Menu

RBLX RBLX Quote RBLX Short RBLX News RBLX Articles RBLX Message Board
Get RBLX Alerts

News, Short Squeeze, Breakout and More Instantly...