May 9 (Reuters) - Roblox (RBLX.N), opens new tab 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 ...
Investing.com -- Morgan Stanley turned more bullish on Roblox Corp., saying the gaming platform is on track to exceed 1 ...
If the company can achieve its goals, the current valuation could seem extremely cheap.
TL;DR: Roblox faced a $12 billion market cap loss after banning YouTuber Schlep, who exposes child predators on its platform. The ban sparked community outrage, a petition against CEO David Baszucki, ...
Roblox has no trouble attracting players, but profitability is another story. With steep losses and a premium valuation, ...
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