Between the fourth quarter and first quarter, Roblox acquired 1.3 million new DAU's from the U.S.
Notably, state governments across the country have been easing business restrictions for months now, and Roblox still gained users in the U.S. That was up by 5 million from the end of Q4 2020, and 18.5 million higher than the same time last year. In all, as of the end of the first quarter, Roblox had 42.1 million daily active users (DAU's). Will the platform's pandemic-driven surge last? Roblox stock is up more than 30% in the last month. But is now a good time to consider adding Roblox stock to your portfolio?
Both management and shareholders naturally hope that most of those new players will stick around even after the pandemic subsides and entertainment options outside of the home revive.
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