Roblox shares have dropped by 20% as the platform’s daily active users fell short of projections, despite record revenues.
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 ...
May 9 (Reuters) - Roblox (RBLX.N), opens new tab 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 ...
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 ...