What's Going On With Roblox Shares Today?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 01 2024
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Source: Benzinga
- Roblox Corporation Pact with Integral Ad Science Holding Corp: Roblox signed a deal with IAS to expand immersive video ads access for all advertisers, providing monetization opportunities for creators.
- Immersive Ads on Roblox: These ads are present in over 1,000 experiences on Roblox, ensuring users know when they interact with ad content and are served only to individuals aged 13 and above.
- Integral Ad Science's Role: Integral Ad Science's products will help advertisers understand ad quality on Roblox's 3D platform.
- Brand Lift Solution: Roblox plans to introduce a brand lift solution with Kantar Context Lab for brand lift studies using forced-exposure methodology in eligible video ad campaigns.
- Investment Opportunities: Investors can access RBLX shares through Bitwise Funds Trust Bitwise Web3 ETF (BWEB) and Roundhill Ball Metaverse ETF (METV), with RBLX shares trading higher by 2% at $36.28.
Analyst Views on METV
Wall Street analysts forecast METV stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for METV is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 18.900
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
