Roblox stock is fresh off a post-earnings plunge and now finds itself off around 80% from its November 2021 peak.

The Roblox community was vocal in its response to the change, which was so popular that even Post Malone based a two-hour Coachella set off the sound effect.

Online gaming platform Roblox missed estimates for second-quarter bookings on Wednesday as waning demand for its online games and intensifying competition hurt growth, sending its shares down ...