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Yea910
02-09
Good work Nikola.. I agree, don't let the scammers back into the Nikola Company or anybody related to crooked Trever Milton.
EV Maker Nikola Rejects Convicted Founder Trevor Milton's Plan to Add 5 Board Members
Yea910
01-16
$Signature Bank (New York, NY)(SBNY)$
Yea910
2023-10-27
Great ariticle, would you like to share it?
@EV_Dig:XPeng Jumps After Tech Day! Highlights of its Revolutionizing EVs
Yea910
2023-10-27
$Mullen Automotive(MULN)$
Yea910
2022-11-16
Yea just bought Intel stock
Yea910
2022-11-09
$Imperial Petroleum Inc(IMPP)$
yo
Yea910
2022-11-08
$Imperial Petroleum Inc(IMPPP)$
imperial
Yea910
2022-10-25
$Intel(INTC)$
yea boi
Yea910
2022-10-16
$Intel(INTC)$
yay intel
Yea910
2022-10-10
$Imperial Petroleum Inc(IMPP)$
yea
Yea910
2022-09-16
$Carnival(CCL)$
carnival yea
Yea910
2022-09-14
$NIO Inc.(NIO)$
nio yea
Yea910
2022-09-13
$PLBY Group, Inc.(PLBY)$
playboy yea
Yea910
2022-09-13
$Nasdaq100 Bull 3X ETF(TQQQ)$
yea
Yea910
2022-09-13
$Nasdaq100 Bull 3X ETF(TQQQ)$
we up!
Yea910
2022-09-09
Yea Think tank baby
Yea910
2022-09-08
Roblox yea
Roblox Stock: Metaverse Exposure at a Nice Discount
Yea910
2022-09-08
$Wingstop(WING)$
wwingdinger
Yea910
2022-09-08
$Under Armour(UA)$
under edge
Yea910
2022-09-08
Tiger thinkers yes sounds good
Go to Tiger App to see more news
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work Nikola.. I agree, don't let the scammers back into the Nikola Company or anybody related to crooked Trever Milton. ","listText":"Good work Nikola.. I agree, don't let the scammers back into the Nikola Company or anybody related to crooked Trever Milton. ","text":"Good work Nikola.. I agree, don't let the scammers back into the Nikola Company or anybody related to crooked Trever Milton.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/272187086504152","repostId":"2410056317","repostType":2,"repost":{"id":"2410056317","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1707489444,"share":"https://www.laohu8.com/m/news/2410056317?lang=&edition=full","pubTime":"2024-02-09 22:37","market":"other","language":"en","title":"EV Maker Nikola Rejects Convicted Founder Trevor Milton's Plan to Add 5 Board Members","url":"https://stock-news.laohu8.com/highlight/detail?id=2410056317","media":"Dow Jones","summary":"Nikola rejected Milton's M&M Residual's five board nominees, saying they would add 'no skills or experience'. Nikola Corp. said Friday that it has rejected the five \"dissident\" nominees to its eight-member board of directors - nominees proposed by M&M Residual LLC, the entity of the founder of the hydrogen- and electric-truck maker Trevor Milton.\"The director nominees have no public company experience, add no skills or experience to the board, and indisputably lack the depth of experience that the current Nikola board members bring to the company,\" Nikola's board said in a statement.\"Mr. Milton is separated from the Company entirely and has had zero involvement in Nikola's day-to-day operations since September of 2020; however, Nikola continues to suffer harm created by Mr. Milton's business decisions from over three years ago in his role as rounder and executive chairman,\" Nikola said.While Milton was found liable in October 2023 in an arbitration with the company, and ordered to pay ","content":"<html><head></head><body><p>Nikola Corp. said Friday that it has rejected the five "dissident" nominees to its eight-member board of directors - nominees proposed by M&M Residual LLC, the entity of the founder of the hydrogen- and electric-truck maker Trevor Milton.</p><p>Nikola shares gained 2.8% on the news.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a3de4fafffda76f35400c24f7c91bf45\" tg-width=\"872\" tg-height=\"859\"/></p><p>"The director nominees have no public company experience, add no skills or experience to the board, and indisputably lack the depth of experience that the current Nikola board members bring to the company," Nikola's board said in a statement.</p><p>Milton's M&M Residual owns 51.05 million Nikola shares <a href=\"https://laohu8.com/S/NKLA\">$(NKLA)$</a>, or 4.4% of the shares outstanding. That makes Milton the company's third-largest shareholder, according to FactSet data.</p><p>"Mr. Milton is separated from the Company entirely and has had zero involvement in Nikola's day-to-day operations since September of 2020; however, Nikola continues to suffer harm created by Mr. Milton's business decisions from over three years ago in his role as rounder and executive chairman," Nikola said.</p><p>Nikola's stock, which has closed below the key $1 level since Dec. 5, rose 0.6% in premarket trading. It has plunged 70.7% over the past 12 months through Thursday, and plummeted 96.5% since the end of September 2020.</p><p>The company noted that Milton has been criminally convicted of one count of securities fraud and two counts of wire fraud. On Jan. 17, 2024, he was sentenced to 48 months in prison.</p><p>While Milton was found liable in October 2023 in an arbitration with the company, and ordered to pay $165 million to the company, Nikola said the judgment remains unpaid.</p><p>Nikola said its current board comprises a "diverse group" of experts in their field, which range from trucking, energy technology startups and customer service.</p><p>"In short, the hydrogen ecosystem is a series of complex systems that require complex answers," the company said. "Nikola's board of directors has the expertise and experience necessary for the Company's success, and our team stands firmly behind them."</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>EV Maker Nikola Rejects Convicted Founder Trevor Milton's Plan to Add 5 Board Members</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEV Maker Nikola Rejects Convicted Founder Trevor Milton's Plan to Add 5 Board Members\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-02-09 22:37</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Nikola Corp. said Friday that it has rejected the five "dissident" nominees to its eight-member board of directors - nominees proposed by M&M Residual LLC, the entity of the founder of the hydrogen- and electric-truck maker Trevor Milton.</p><p>Nikola shares gained 2.8% on the news.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a3de4fafffda76f35400c24f7c91bf45\" tg-width=\"872\" tg-height=\"859\"/></p><p>"The director nominees have no public company experience, add no skills or experience to the board, and indisputably lack the depth of experience that the current Nikola board members bring to the company," Nikola's board said in a statement.</p><p>Milton's M&M Residual owns 51.05 million Nikola shares <a href=\"https://laohu8.com/S/NKLA\">$(NKLA)$</a>, or 4.4% of the shares outstanding. That makes Milton the company's third-largest shareholder, according to FactSet data.</p><p>"Mr. Milton is separated from the Company entirely and has had zero involvement in Nikola's day-to-day operations since September of 2020; however, Nikola continues to suffer harm created by Mr. Milton's business decisions from over three years ago in his role as rounder and executive chairman," Nikola said.</p><p>Nikola's stock, which has closed below the key $1 level since Dec. 5, rose 0.6% in premarket trading. It has plunged 70.7% over the past 12 months through Thursday, and plummeted 96.5% since the end of September 2020.</p><p>The company noted that Milton has been criminally convicted of one count of securities fraud and two counts of wire fraud. On Jan. 17, 2024, he was sentenced to 48 months in prison.</p><p>While Milton was found liable in October 2023 in an arbitration with the company, and ordered to pay $165 million to the company, Nikola said the judgment remains unpaid.</p><p>Nikola said its current board comprises a "diverse group" of experts in their field, which range from trucking, energy technology startups and customer service.</p><p>"In short, the hydrogen ecosystem is a series of complex systems that require complex answers," the company said. "Nikola's board of directors has the expertise and experience necessary for the Company's success, and our team stands firmly behind them."</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4551":"寇图资本持仓","BK4562":"SPAC上市公司","NKLA":"Nikola Corporation","BK4555":"新能源车","BK4149":"建筑机械与重型卡车"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2410056317","content_text":"Nikola Corp. said Friday that it has rejected the five \"dissident\" nominees to its eight-member board of directors - nominees proposed by M&M Residual LLC, the entity of the founder of the hydrogen- and electric-truck maker Trevor Milton.Nikola shares gained 2.8% on the news.\"The director nominees have no public company experience, add no skills or experience to the board, and indisputably lack the depth of experience that the current Nikola board members bring to the company,\" Nikola's board said in a statement.Milton's M&M Residual owns 51.05 million Nikola shares $(NKLA)$, or 4.4% of the shares outstanding. That makes Milton the company's third-largest shareholder, according to FactSet data.\"Mr. Milton is separated from the Company entirely and has had zero involvement in Nikola's day-to-day operations since September of 2020; however, Nikola continues to suffer harm created by Mr. Milton's business decisions from over three years ago in his role as rounder and executive chairman,\" Nikola said.Nikola's stock, which has closed below the key $1 level since Dec. 5, rose 0.6% in premarket trading. It has plunged 70.7% over the past 12 months through Thursday, and plummeted 96.5% since the end of September 2020.The company noted that Milton has been criminally convicted of one count of securities fraud and two counts of wire fraud. On Jan. 17, 2024, he was sentenced to 48 months in prison.While Milton was found liable in October 2023 in an arbitration with the company, and ordered to pay $165 million to the company, Nikola said the judgment remains unpaid.Nikola said its current board comprises a \"diverse group\" of experts in their field, which range from trucking, energy technology startups and customer service.\"In short, the hydrogen ecosystem is a series of complex systems that require complex answers,\" the company said. \"Nikola's board of directors has the expertise and experience necessary for the Company's success, and our team stands firmly behind them.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":38,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":263681966465144,"gmtCreate":1705398052238,"gmtModify":1705398237251,"author":{"id":"4122452309167242","authorId":"4122452309167242","name":"Yea910","avatar":"https://community-static.tradeup.com/news/8ac006cac95f08eaa51507893f55bb34","crmLevel":1,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SBNY\">$Signature Bank (New York, NY)(SBNY)$ </a>","listText":"<a href=\"https://ttm.financial/S/SBNY\">$Signature Bank (New York, NY)(SBNY)$ </a>","text":"$Signature Bank (New York, NY)(SBNY)$","images":[{"img":"https://community-static.tradeup.com/news/19ca00fda810b61cff91dd1c02b46830","width":"604","height":"939"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/263681966465144","isVote":1,"tweetType":1,"viewCount":201,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":234898928746528,"gmtCreate":1698369869441,"gmtModify":1698369873432,"author":{"id":"4122452309167242","authorId":"4122452309167242","name":"Yea910","avatar":"https://community-static.tradeup.com/news/8ac006cac95f08eaa51507893f55bb34","crmLevel":1,"crmLevelSwitch":0},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/234898928746528","repostId":"234337921056784","repostType":1,"repost":{"id":234337921056784,"gmtCreate":1698237495437,"gmtModify":1698237505048,"author":{"id":"10000000000010843","authorId":"10000000000010843","name":"EV_Dig","avatar":"https://community-static.tradeup.com/news/26122a7132bbb61e091633ebd6524dd8","crmLevel":1,"crmLevelSwitch":0},"themes":[],"title":"XPeng Jumps After Tech Day! Highlights of its Revolutionizing EVs","htmlText":"<a href=\"https://ttm.financial/S/XPEV\">$XPeng Inc.(XPEV)$</a> jumps 10% after its Tech Day 2023 unveiled groundbreaking advancements in electric vehicles and related technologies.The event showcased the X9 multi-purpose vehicle (MPV) with rear-wheel steering, XNGP autonomous driving technology expanding to 50 cities, and the AI Valet Driver, enabling autonomous city driving along learned routes.XPeng introduced the X9, the world's sole MPV with standard rear-wheel steering, features integrated aluminum body die-casting technology and XNGP, an advanced autonomous ADAS feature.XPeng's eVTOL affiliate AeroHT presented two groundbreaking flying car innovations. The first is a passenger EV with a foldable flight system, enabling vertical take-off—a true \"flying car.\" The second is an EV with 6×","listText":"<a href=\"https://ttm.financial/S/XPEV\">$XPeng Inc.(XPEV)$</a> jumps 10% after its Tech Day 2023 unveiled groundbreaking advancements in electric vehicles and related technologies.The event showcased the X9 multi-purpose vehicle (MPV) with rear-wheel steering, XNGP autonomous driving technology expanding to 50 cities, and the AI Valet Driver, enabling autonomous city driving along learned routes.XPeng introduced the X9, the world's sole MPV with standard rear-wheel steering, features integrated aluminum body die-casting technology and XNGP, an advanced autonomous ADAS feature.XPeng's eVTOL affiliate AeroHT presented two groundbreaking flying car innovations. The first is a passenger EV with a foldable flight system, enabling vertical take-off—a true \"flying car.\" The second is an EV with 6×","text":"$XPeng Inc.(XPEV)$ jumps 10% after its Tech Day 2023 unveiled groundbreaking advancements in electric vehicles and related technologies.The event showcased the X9 multi-purpose vehicle (MPV) with rear-wheel steering, XNGP autonomous driving technology expanding to 50 cities, and the AI Valet Driver, enabling autonomous city driving along learned routes.XPeng introduced the X9, the world's sole MPV with standard rear-wheel steering, features integrated aluminum body die-casting technology and XNGP, an advanced autonomous ADAS feature.XPeng's eVTOL affiliate AeroHT presented two groundbreaking flying car innovations. The first is a passenger EV with a foldable flight system, enabling vertical take-off—a true \"flying car.\" The second is an EV with 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yea","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9938516832","repostId":"1128201537","repostType":4,"repost":{"id":"1128201537","pubTimestamp":1662625629,"share":"https://www.laohu8.com/m/news/1128201537?lang=&edition=full","pubTime":"2022-09-08 16:27","market":"us","language":"en","title":"Roblox Stock: Metaverse Exposure at a Nice Discount","url":"https://stock-news.laohu8.com/highlight/detail?id=1128201537","media":"TipRanks","summary":"Story HighlightsRoblox stock has been back on the retreat following weak Q2 bookings. Despite the he","content":"<div>\n<p>Story HighlightsRoblox stock has been back on the retreat following weak Q2 bookings. Despite the headwinds ahead, Roblox seems more than capable of engaging its users while continuing to improve its ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/roblox-stock-nyserblx-metaverse-exposure-at-a-nice-discount\">Web Link</a>\n\n</div>\n","source":"lsy1606183248679","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Roblox Stock: Metaverse Exposure at a Nice Discount</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRoblox Stock: Metaverse Exposure at a Nice Discount\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-08 16:27 GMT+8 <a href=https://www.tipranks.com/news/article/roblox-stock-nyserblx-metaverse-exposure-at-a-nice-discount><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Story HighlightsRoblox stock has been back on the retreat following weak Q2 bookings. Despite the headwinds ahead, Roblox seems more than capable of engaging its users while continuing to improve its ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/roblox-stock-nyserblx-metaverse-exposure-at-a-nice-discount\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RBLX":"Roblox Corporation"},"source_url":"https://www.tipranks.com/news/article/roblox-stock-nyserblx-metaverse-exposure-at-a-nice-discount","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128201537","content_text":"Story HighlightsRoblox stock has been back on the retreat following weak Q2 bookings. Despite the headwinds ahead, Roblox seems more than capable of engaging its users while continuing to improve its footing in the “early stage” metaverse.Shares of Roblox (NYSE: RBLX) have been under considerable selling pressure amid the downfall of the broader tech sector. Though Roblox is one of the most exciting metaverse companies on public markets today, investors simply don’t care for growth stories as much as profits in the present. In due time, rates will peak (or reverse), and the growth trade will heat up again. Until then, Roblox stock seems more like misunderstood value play than another speculative tech firm with its head in the clouds.Roblox stock lost more than 83% of its value from peak to trough before recovering a bit of ground. Today, shares are still well off their peak, thanks partly to jitters over Fed rate hikes. Even as Roblox’s relief rally fades, I remain bullish on Roblox stock.Roblox Continues to Grow Its MoatThe company has a growing moat with its impressive user base. Many loyal users are likely to stay increasingly engaged, even as the coming economic downturn puts a bit of a dampener on bookings growth. Sure, less money to spend on cosmetics and content may be a drag on the stock, especially as investors look for the firm to improve profitability. Regardless, Roblox remains one of the cheaper forms of entertainment out there (it’s free for those who don’t choose to buy Robux, the platform’s in-game currency).As a result, Roblox may have the opportunity to cut further into the turf of other video games as consumer spending looks to dry up in the face of a recession. The company is also investing in its developers, offering more lucrative payouts for engaging new experiences in the Roblox platform.On the surface, Roblox looks like another video game with bad graphics. However, it’s a co-experience platform whose potential may not be fully understood by non-users until the metaverse comes to be.The Metaverse is Coming, and Roblox is ReadyThe metaverse may be closer to prime time than many skeptics think. Meta Platforms (NASDAQ: META) is slated to unveil a new Oculus headset on October 11. With Apple (NASDAQ: AAPL) also rumored to have an AR or VR headset in the cards for the first half of 2023, a mild recession may not be able to stop the coming technological shift.Those without headsets will soon come to appreciate what the metaverse has to offer. Even non-tech firms, like Williams Sonoma (NYSE: WSM), which recently launched a collaboration with Roblox, will not be able to resist getting in on the action.The metaverse is still in its early days, but Roblox seems to be what firms like Meta Platforms are shooting to become. Indeed, Meta’s Crayta platform seems to resemble Roblox. The only thing Crayta lacks is the massive network that may be more “locked in” than Roblox’s metaverse rivals think.Facebook had a social network that was tough to dethrone for many years due to its ability to attract users. More users signed onto Facebook versus rival social-media platforms because it had the most users. Eventually, Facebook’s user growth snowballed until it had just shy of 3 billion users.At this juncture, it seems far-fetched to think that a most popular game with younger audiences will grow a network in such a profound way. If Roblox can continue reinvesting in its users and developers rather than shooting for near-term profits, I do think its user growth could reaccelerate on the other side of a recession. Metaverse tech is sure to advance by leaps and bounds in a few years, and it’s Roblox’s co-experience platform that could evolve to become the platform that Meta wants to create.Unfortunately for Meta, the Roblox snowball may be too large to disrupt. Even with economic storm clouds coming in, Roblox’s DAUs (daily active users) metric has a lot of long-term momentum behind it. Though DAUs slipped from 54.1 million to 52.2 million in the latest quarter, the trend still seems intact.What is the Price Target for RBLX Stock?Turning to Wall Street, RBLX stock comes in as a Moderate Buy. Out of 17 analyst ratings, there are eight Buys, seven Holds, and two Sells.The average Roblox price target is $43.00, implying upside potential of 13.4%. Analyst price targets range from a low of $21.00 per share to a high of $58.00 per share.Conclusion: RBLX is Still a Metaverse FrontrunnerRoblox stock is in a rough patch, with bookings slipping. That said, the snowball is unlikely to stop rolling just because of the state of the economy. As interest in the metaverse increases over the coming years, Roblox’s unique co-experience platform could begin to appeal to the broader public.Indeed, Roblox is still very much a young person’s platform. However, Roblox is increasing its reach among older audiences. As more features are rolled out, one has to think Roblox is more than capable of growing beyond its target market.","news_type":1},"isVote":1,"tweetType":1,"viewCount":18,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9938518736,"gmtCreate":1662632536126,"gmtModify":1676537105438,"author":{"id":"4122452309167242","authorId":"4122452309167242","name":"Yea910","avatar":"https://community-static.tradeup.com/news/8ac006cac95f08eaa51507893f55bb34","crmLevel":1,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/WING\">$Wingstop(WING)$</a>wwingdinger","listText":"<a href=\"https://ttm.financial/S/WING\">$Wingstop(WING)$</a>wwingdinger","text":"$Wingstop(WING)$wwingdinger","images":[{"img":"https://community-static.tradeup.com/news/72f88f6a201c09ebca98ed5266267085","width":"1200","height":"1044"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9938518736","isVote":1,"tweetType":1,"viewCount":72,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9938518242,"gmtCreate":1662632501186,"gmtModify":1676537105428,"author":{"id":"4122452309167242","authorId":"4122452309167242","name":"Yea910","avatar":"https://community-static.tradeup.com/news/8ac006cac95f08eaa51507893f55bb34","crmLevel":1,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/UA\">$Under Armour(UA)$</a>under edge","listText":"<a href=\"https://ttm.financial/S/UA\">$Under Armour(UA)$</a>under edge","text":"$Under Armour(UA)$under edge","images":[{"img":"https://community-static.tradeup.com/news/2fba2b1c9fce6cf765db0c15f0b59b5c","width":"1200","height":"2133"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9938518242","isVote":1,"tweetType":1,"viewCount":152,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9938518357,"gmtCreate":1662632428679,"gmtModify":1676537105375,"author":{"id":"4122452309167242","authorId":"4122452309167242","name":"Yea910","avatar":"https://community-static.tradeup.com/news/8ac006cac95f08eaa51507893f55bb34","crmLevel":1,"crmLevelSwitch":0},"themes":[],"htmlText":"Tiger thinkers yes sounds good","listText":"Tiger thinkers yes sounds good","text":"Tiger thinkers yes sounds good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9938518357","isVote":1,"tweetType":1,"viewCount":47,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[],"lives":[]}