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ROBLOX has not officially confirmed plans to shut down on September 1 amid a surge of viral posts. An apparent hoax on social ...
That marked the fifth consecutive quarter of Roblox's revenue growth decelerating. It peaked at a whopping 140% in the first quarter of 2021 before falling to 30% in the second quarter of 2022.
Looking at its price-to-sales (P/S) ratio, Roblox has come down from a sky-high P/S of 44 in 2021 to where it trades today at around nine.
Roblox's stock price shot to a high of $141.60 in November 2021, and stock analysts predicted the price would go as high as $230 in the coming 12 months.
Roblox made its all-time low in May at $21.65 and just undercut its September low ($33.57) when it traded down to $33.20 last week. The Catalyst: Before the opening, Roblox reported upbeat ...
Shares of Roblox (RBLX 1.51%) 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 ...
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