Roblox Corporation shares dropped over 20% post-Q4 earnings due to softer DAU trends and below-consensus FY 2025 booking projections, despite meeting guidance. Roblox reported 20% YoY booking growth ...
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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.
Roblox stock plunged as much as 20% on Thursday after it reported mixed fourth-quarter earnings. The company reported a decline in daily active users, which sparked growth fears among investors.
But first, a brief introduction: Roblox is a platform that contains millions of games and experiences. The platform was ...
Shares of online gaming platform Roblox Corporation (NYSE: RBLX) tumbled 21% through 10:35 a.m. ET Thursday despite beating on both sales and earnings this morning. Heading into the Q1 2024 report, ...
Roblox shares dropped as much as 20% on Thursday after the gaming company reported disappointing fourth quarter results in bookings and daily active-user figures, creating fear that the growth in the ...
Roblox beat on both bookings and earnings this morning, but its stock sold off anyway. Guidance from the gaming platform company was weaker than expected. It was also too weak to support Roblox's ...
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