Roblox faces slowing growth, lawsuits and valuation risks. Analysts warn the stock could drop 40% amid mounting challenges.
Stagnant user numbers and currency headwinds have investors down on the gaming platform company. In November, Roblox had 56.7 million daily active users (DAUs), up 15% from November 2021. While that ...
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 ...
Rumors that Roblox is shutting down are spreading across social media, fueled by growing concerns over the platform’s ability to protect its young players. The speculation comes as the company faces ...
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