Roblox faces slowing growth, lawsuits and valuation risks. Analysts warn the stock could drop 40% amid mounting challenges.
Shares of Roblox (NYSE: RBLX) were down 19.5% as of 10:17 a.m. ET on Wednesday after the gaming platform reported second-quarter earnings results that were below expectations. Revenue was up 15% year ...
Roblox ( RBLX +1.11%) stock would have been a terrific buy in late 2022 when it was trading at a depressed valuation. Over ...
Roblox released its fourth quarter full-year financial earnings for 2022 today and the firm saw jumps in revenue and bookings while losses deepened significantly. The company said that the growth in ...
For the first half of April, Roblox stock traded roughly in-line with the S&P 500. However, on April 17, the company reported preliminary financial metrics for March, and the market didn't like what ...