Roblox reported November operating metrics that showed slowing growth in daily active users and hours of engagement. The most disappointing number was the decline in bookings per user of 8% to 9% over ...
Roblox's (NYSE: RBLX) user growth and engagement soared at the pandemic's onset. The company is one of the pioneers of the metaverse, where people can interact virtually with each other and the ...
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Roblox Shares Drop by 20% As Daily Active Users Fall Short of Target Goals
Roblox shares have dropped by 20% as the platform’s daily active users fell short of projections, despite record revenues.
Shares of Roblox (NYSE: RBLX) were down 9.8% as of 10:32 a.m. ET on Wednesday, following the release of November engagement metrics. After the drop, this initial public offering stock is still up 40% ...
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