Roblox shares tumble
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Roblox stock tumbles after earnings. Turns out, protecting children is bad for business.
Shares plummet after the online gaming platform issues weak booking guidance.
Bank of America (NYSE:BAC | BAC Price Prediction) slashed its price target on Roblox (NYSE:RBLX) stock to $48 from $165 and downgraded the stock to Neutral from Buy, the most aggressive call on Wall Street following the company’s Q1 2026 earnings report.
By Zaheer Kachwala April 30 (Reuters) - Roblox cut its annual bookings forecast on Thursday, signaling that new safety initiatives may impact user growth and spending on its popular videogame platform,
As Roblox continues to grow, in-game item designers and world builders are cashing in — and forming a new class of content creator in the process. During Roblox’s fourth financial quarter of 2024, which encompassed the period between Oct. 31, 2024, and ...