Roblox Corp posted a bigger quarterly loss on Wednesday, hurt by higher expenses to support the expansion of its platform, sending shares down 12% in premarket trading.

Roblox's forecast adds to worries about the videogame industry, after a lackluster outlook from Electronic Arts, which blamed weak bookings - a key measure of in-game spending - on its struggling ...

(Reuters) -Roblox forecast annual bookings below estimates on Thursday, sparking fears that growth at the videogame platform was slowing after years of breakneck progress, sending its shares down 17%.