Roblox (RBLX) stock surged 3.59% to trade at $74.73 on January 28, tracking the overall strength in the NASDAQ technology sector despite the absence of company-specific news.
- The stock reached an intraday high of $76.50, representing a surge of 4.05% mid-session.
- The positive movement occurs while the company faces ongoing governance risks related to a lawsuit alleging child safety failures.