Roblox faces slowing growth, lawsuits and valuation risks. Analysts warn the stock could drop 40% amid mounting challenges.
The research firm said they are positive on RBLX’s longer-term positioning in the video game ecosystem but think shares could ...
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Roblox Cites Free Speech in Seeking Dismissal From Play Addiction Suits
The gaming platform Roblox Corp. is seeking dismissal of multiple lawsuits brought by plaintiffs who allege addiction and personality changes among their children due to the company’s failure to warn ...
Roblox (RBLX) closed the latest trading day at $46.03, indicating a -0.58% change from the previous session's end. The stock trailed the S&P 500, which registered a daily loss of 0.19%. Elsewhere, the ...
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 ...
Roblox RBLX-N cut its annual bookings forecast on Thursday, fanning concerns about a slump in the videogame industry and sending its shares down 23% to mark their worst day in more than two years. The ...
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Kentucky AG tells parents Roblox’s safety measures fall short
Kentucky Attorney General Russell Coleman has taken his critique of Roblox national, asking parents not to trust the gaming platform to protect their children.
Shares for Roblox Corporation fell by more than 20% on Wednesday after the company reported second-quarter revenue that fell short of projections, as the video game firm said it expects to report net ...
Nearly 80 Roblox lawsuits centralized in a San Francisco MDL. Judges will test core claims about platform safety.
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