Ken Griffin acquired 1.48M Roblox shares worth $189M. That's 0.16% of their equity portfolio (132nd largest holding). The first Roblox trade was made in Q1 2021. Since then Ken Griffin bought shares eight more times and sold shares on nine occasions. The stake costed the investor $61M, netting the investor a gain of 210% so far.
Roblox Corp (NYSE: RBLX) is already down close to 60% for the year but a MoffettNathanson analyst warns there¡¯s way more downside that¡¯s yet to materialise. ...