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Roblox announced late last week that it suffered a data breach impacting attendees of the 2022, 2023, and 2024 Roblox Developer Conference attendees.
Roblox shares tumbled after the online gaming platform’s second-quarter loss per share widened because of increased costs.
Roblox Inflated Data And Doesn’t Protect Underage Gamers, Short Seller Alleges—Stock Falls 4% By Derek Saul, Former Staff. Derek Saul has covered markets for the Forbes news team since 2021.
Roblox (RBLX) shares plummeted as company forecasts wider 2025 loss and misses Q4 expectations for bookings and daily active users.
Roblox widened its loss last quarter, even as revenue, net bookings and engagement improved. The videogame company reported a quarterly loss of $323.7 million, versus $289.9 million a year earlier ...
Shares of Roblox fell 9.4% at market open, hitting an 8-week low share price of $37.51, though it recovered to a roughly 6% daily loss by 10 a.m. EDT.
Roblox Corp on Wednesday topped quarterly bookings estimates on Wednesday, as a wider audience swarmed to the platform for games such as "Adopt Me!" and "Pet Simulator X", pushing the company's ...
Shares in Roblox RBLX slid 20% Wednesday morning as the metaverse provider failed to cut costs as much as Wall Street had expected. While revenue grew 15% year-over-year, the company remained ...
Roblox Corp posted a bigger quarterly loss on Wednesday, hurt by higher expenses to support the expansion of its platform, sending shares down 12% in premarket trading.