Roblox RBLX released its November business update on Nov 15, after which its stock tanked 15.7%. The panic in investors was primarily due to concerns over its slow growth and declining daily active ...
The video gaming industry is one of the fastest-growing in the entertainment sector. The pandemic helped push the sector, but it might be struggling to keep up the numbers at the moment. Video game ...
The company's daily active users increased 35% year-over-year to 49.4 million, while hours engaged jumped 32% year-over-year to 3.6 billion. The company’s estimated bookings for November 2021 fell ...
Video game company Roblox’s stock price lost more than 9% of its value on Wednesday following poor user numbers for November. The video gaming industry is one of the fastest-growing in the ...