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Roblox Corp (NYSE: RBLX) Friday on CNBC s Trading Nation.
Roblox is essentially crack for kids, Shay said.
The newest stocks on the block are set to report next week. @traderDanielle and Craig Johnson of Piper Sandler share which they re watching $DASH$BMBL$ABNB$COIN$POSH$RBLX$PLTRpic.twitter.com/fg42NGTLDY
Although she noted that the company s business model is a little bit questionable, it s very lucrative.
Upcoming Earnings: Roblox is scheduled to report first-quarter financial results on May 10.
Shay expects the stock to move about $8 one way or the other after the company reports earnings. If it pulls back, Shay would be a buyer of the stock, she told CNBC.
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