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 ...
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Roblox Shares Drop by 20% As Daily Active Users Fall Short of Target Goals
Roblox shares have dropped by 20% as the platform’s daily active users fell short of projections, despite record revenues.
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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 ...
Crucially, even after this dip, the stock remains relatively expensive. This high valuation, combined with a track record of ...
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