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Why Roblox Stock Sank Today
On a net-income basis, Roblox is still losing considerable money. In Q3, the company had a net loss of $257 million, which was worse than its net loss of $240 million in the same quarter of last year.
The online video game purveyor is apparently not doing as well as it could in the sale of its in-game currency.
Investor's Business Daily on MSN
Stock Market Today: Nasdaq, S&P End Sharply Lower With Meta's Plunge
Meta stock plunged more than 9% after the Facebook parent company reported third-quarter results. A strong performance from ...
Roblox stock (NYSE: RBLX) has fallen 9% in the past five trading days, fueled by a Wall Street analyst’s pessimistic assessment—citing slowing booking growth—and insider selling by a company director.
Roblox reported a consolidated net loss of $257.4 million in the latest quarter fueled by user growth from hit games. David ...
Shares of Roblox Corp (NYSE: RBLX) are trading higher Monday morning following news that video game giant Electronic Arts is set to go private in a landmark leveraged buyout. Here’s what investors ...
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