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Shares for Roblox Corporation fell by more than 20% on Wednesday after the company reported second-quarter revenue that fell short of projections, as the video game firm said it expects to report net ...
Roblox's (NYSE: RBLX) user growth and engagement soared at the pandemic's onset. The company is one of the pioneers of the metaverse, where people can interact virtually with each other and the ...
(Reuters) -Roblox cut its annual bookings forecast on Thursday, fanning concerns about a slump in the videogame industry and sending its shares down 23% to mark their worst day in more than two years.
Roblox shares have dropped by 20% as the platform’s daily active users fell short of projections, despite record revenues.
Roblox (RBLX) closed the latest trading day at $46.03, indicating a -0.58% change from the previous session's end. The stock trailed the S&P 500, which registered a daily loss of 0.19%. Elsewhere, the ...