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Why Roblox Stock Sank Today
On a net-income basis, Roblox is still losing considerable money. In Q3, the company had a net loss of $257 million, which was worse than its net loss of $240 million in the same quarter of last year.
The online video game purveyor is apparently not doing as well as it could in the sale of its in-game currency.
Roblox (NYSE:RBLX) reported stronger-than-expected third-quarter bookings, but the stock fell about 12% on Thursday as ...
Roblox shares sink as the company’s Q3 earnings release indicate continued challenges on the profitability front. Here’s why RBLX stock is still worth buying.
Crucially, even after this dip, the stock remains relatively expensive. This high valuation, combined with a track record of ...
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Why Roblox (RBLX) Outpaced the Stock Market Today
Roblox (RBLX) closed at $134.84 in the latest trading session, marking a +1.44% move from the prior day. The stock's performance was ahead of the S&P 500's daily gain of 1.07%. On the other hand, the ...
Roblox delivered a mixed third-quarter performance that showcased impressive operational growth while raising concerns about profitability. The company reported a net loss of $255.6 million, or $0.37 ...
US equities rose to record highs on October 28 as investors processed the latest round of earnings and watched the Federal ...
Roblox reported a revenue miss when it announced Q3 earnings. But average daily active users were 151.5 million, a 70% ...
Two factors often determine stock prices in the long run: earnings and interest rates. Investors can't control the latter, but they can focus on a company's earnings results every quarter. We know ...
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Here Are Friday’s Top Wall Street Analyst Upgrades and Downgrades: Apple, Comcast, Roblox ...
The stock market took a beating on Thursday, despite some impressive earnings reports from blue-chip giants. President ...
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