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Roblox (RBLX) stock drops 9% amid lawsuits & backlash over child safety concerns. Learn how the crisis impacts its reputation and business model.
Fast-growing gaming platform Roblox came into its second-quarter earnings report on Thursday morning with a sky-high stock and equally large expectations for results.
Roblox stock jumped 18% as Q2 bookings soared 51% to $1.44B, beating estimates and signaling strong platform momentum. Daily users rose 41% to 112 million. Roblox now expects higher bookings for ...
Shares of Roblox (NYSE:RBLX) are in red on Friday after multiple reports of backlash against the online gaming platform for not doing enough to protect its young user base against child predators ...
Roblox stock soared 10% on Thursday after the company reported second-quarter revenue that beat expectations amid strong user growth.
So is Roblox a no-brainer buy right now? Roblox is still expanding at an impressive rate, but it hasn't proven its business model is sustainable yet.
Roblox Stock’s Price Performance & Valuation RBLX’s shares have gained 185% in the past year compared with the industry’s rise of 32.3%.
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