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Roblox stock (NYSE: RBLX) has fallen 9% in the past five trading days, fueled by a Wall Street analyst’s pessimistic assessment—citing slowing booking growth—and insider selling by a company director.
Roblox Corp. shares fell more than 6% Friday after the company, which operates an online video-game service popular with children, was accused in two lawsuits of failing to sufficiently protect ...
On a net-income basis, Roblox is still losing considerable money. In Q3, the company had a net loss of $257 million, which was worse than its net loss of $240 million in the same quarter of last year.
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 ...
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 ...