Microsoft (MSFT) and Roblox (RBLX) stocks were on the move Monday alongside a new report that tied the tech and video game companies to cybercrime grooming. According to a report from cybersecurity training firm The Hacking Games, children as young as eight years old are groomed into cybercrime on Minecraft and Roblox.
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According to The Hacking Games, the grooming starts simply enough, with young users being shown tricks and cheats to hack these games. However, it can also result in those players moving off of Minecraft and Roblox and taking part in more nefarious actions. As a result, regulatory agencies are giving special attention to how children play games online and have pushed for new safeguards to protect them.
However, not all of these interactions result in cybercrime. The Hacking Games CEO Fergus Hay told Dexerto that many young players have the same skill sets that are helpful to cybersecurity firms. The real problem is reaching and influencing these young players before they are led down the path to cybercrime.
MSFT and RBLX Stock Movements Today
Microsoft and Roblox stocks had different reactions to today’s cybersecurity grooming report. MSFT stock slipped 1.4%, while RBLX stock gained 0.74%. Perhaps Roblox investors were just relieved today’s report wasn’t connected to another form of child grooming that the video game platform has been associated with recently.
MSFT vs. RBLX: Which Stock Do Analysts Prefer?
Turning to the TipRanks stock comparison tool, traders can see which of these stocks analysts favor. MSFT stock has the better consensus rating at Strong Buy, compared to Moderate Buy for RBLX. However, Roblox stock has the higher upside potential at 63.16%, compared to 36.8% for Microsoft stock.
