Shares of Roblox (NYSE: RBLX) plunged 26% on Wednesday after the game development company reported disappointing fourth-quarter results. Roblox's revenue soared 83% year over year to $568.8 million.
This is admittedly a complicated story and market reaction. In isolation, Roblox's numbers were good. Q4 revenue of $988 million was up a whopping 32% year over year and ahead of its guidance of $935 ...
In isolation, Roblox's numbers were good. Q4 revenue of $988 million was up a whopping 32% year over year and ahead of its guidance of $935 million to $960 million. And other metrics, such as bookings ...
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 ...
The online gaming platform had seen a big rally earlier this year, with RBLX stock up more than 112% year-to-date, but concerns around growth momentum now weigh on investor sentiment. Barrett pointed ...
This is admittedly a complicated story and market reaction. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. See the 10 ...
Roblox Corporation (NYSE:RBLX) stock rode the metaverse hype train and crashed. We were skeptical over its valuation until late last year. However, we turned bullish too early, failing to pay ...