Wedbush's Michael Pachter turns to the gaming space with Roblox's (RBLX) market plunge. He points to waning users and hours played as culprits behind the selling action but says the company otherwise remains healthy. It's all eyes on Take-Two Interactive's (TTWO) release of Grand Theft Auto 6, which Michael expects will send its stock soaring.
Morning Trade Live
06 Feb 2025
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