Roblox Corporation RBLX has seen a sharp 38% decline over the past three months compared with the industry’s fall of 11.1%.
Roblox faces slowing growth, lawsuits and valuation risks. Analysts warn the stock could drop 40% amid mounting challenges.
J.P. Morgan on Friday downgraded Roblox (RBLX) to "neutral" from a previous investment rating of "overweight." Shares of the company are down 5.1% before midday. The research firm said they are ...
Rumors have been swirling that popular online gaming platform Roblox is shutting down. Roblox allows users to make a virtual universe and participate in millions of games and interactive environments.
Aaron McKinley is a writer, blogger and video game enthusiast with over five years of experience in web content and many more in playing games until the wee hours of the morning. His work spans many ...
Roblox Stock Plunges After Bookings, Users Fall Short of Expectations Roblox stock is down Thursday after the gaming company came up short on key metrics for its fourth quarter.