According to Reese, Roblox stock, which costs less than $127 after getting hit hard earlier a couple of weeks ago on litigation concerns, could gain nearly 30% over the next 12 months.

The rumors that Roblox is shutting down emerged as lawsuits allege the gaming platform is not a safe environment for minors.

A popular Roblox content creator alleged the platform has threatened to ban him for his involvement in exposing sexual predators on Roblox through Youtube videos. Schlep, a longtime Roblox and ...