(Reuters) -Roblox 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 ...

Roblox stock downgraded by Roblox amid guidance cut Editor Emilio Ghigini Company News Published 05/14/2024, 06:15 AM ...

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.

Shares of Roblox Corp (NYSE: RBLX) were rising in early trading on Thursday, after tanking in the previous session on the company’s revenue miss.