Roblox Corp. shares were tumbling in premarket activity Wednesday after the youth-centric virtual-world platform posted a wider loss than analysts were anticipating for the latest quarter. Roblox RBLX, -1.71% shares Read more
Tag: Roblox
Roblox stock rockets 20% on ‘impressive’ turnaround from yearlong slide
Roblox Corp. shares headed for their best performance in nearly a year Monday, after the youth-oriented social-media platform reported figures for September that suggested a turnaround from a yearlong slog. Read more
The Roblox reality may not be ‘as grand as its vision,’ analyst says in bearish note
Roblox Inc. has big visions for its future, but one analyst isn’t sure they’ll pan out — or that they’re what investors want to hear about right now. MoffettNathanson’s Clay Read more
Why Walmart’s leap into the metaverse could help Roblox
Walmart Inc. released two sites on Roblox Corp.’s “metaverse mega-platform” Monday, just in time for the holidays, and one of those sites is aimed squarely at a demographic the platform Read more
Roblox stock drops as Wall Street sees a ‘Pandora’s box of problems’
Roblox Corp.’s stock continued to sell off Friday as analysts questioned growth initiatives presented at the social-media company’s investor day on Thursday and August performance that came in lower than Read more
Roblox stock plunges 15% as key sales metric unexpectedly declines again
Roblox Corp. shares plunged in extended trading Tuesday after the videogame company said that a key sales metric unexpectedly declined for the second quarter in a row. Roblox RBLX, -3.17% Read more