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 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 ...
The company missed analysts' estimates in the second quarter. Strong growth in hours spent on the platform points to continued momentum for the platform. The stock's valuation is more attractive after ...
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