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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.
Gaming giant Roblox Corp. shares plunged the most in two years, after the company reported a forecast for bookings that fell short of analysts’ estimates, the latest sign of widespread struggles in ...
Roblox shares have dropped by 20 percent after the platform's reported daily active users fell short of analysts' estimates.
Roblox today posted its financial results for Q4 2024. The company report overall shows modest growth over the holiday season, but not anything that exceeded anyone’s predictions. It also posted its ...
Roblox (RBLX) closed the most recent trading day at $104.94, moving -2.62% from the previous trading session. The stock trailed the S&P 500, which registered a daily loss of 0.07%. Elsewhere, the Dow ...
Up to 88.9 million users visit Roblox each day, seeing it as an invaluable platform for self-expression and identity exploration. As a result, brands are now using Roblox to create incremental revenue ...
In its March 2023 key metric release, Roblox announced that daily active users, or DAUs, increased 26% year over year to 66.2 million, bookings grew 25%-29% on a constant currency basis, and bookings ...
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