![]() And for big believers in the metaverse, Roblox is the best way to invest in it.Īfter its initial pubic offering at $64.50 in March 2021, the Roblox stock hit a high of $135 in November of that year, following better than expected earnings results. While the metaverse is still largely unproven, the Roblox stock could be a window into how investors feel about its potential. Roblox is the only “pure-play” metaverse stock in the market, according to Neena Mishra, a research director at Zacks Investment Group who spoke with Blockworks, a financial information publisher. Microsoft has its software business, and Nvidia sells computer hardware. Unity develops video games for a variety of consoles. Meta’s social media sector is financing its metaverse initiatives. But for all of these companies, metaverse innovation is one part of a much larger business. Many public companies are investing in metaverse technologies, including Meta, Microsoft, Nvidia and Unity. ![]()
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