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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 ...
Gaming platform Roblox missed estimates for second-quarter bookings on Wednesday as waning demand for its online games and intensifying competition hurt growth, sending shares down 8% in trading ...
The post Is Roblox (RBLX) Stock on the Brink of Death? Lower Player Spending Might Say Yes. appeared first on InvestorPlace.
Doug Creutz recommended a sell rating for Roblox’s stock, RBLX, due to several reasons. Despite Roblox’s Q3 bookings and adjusted EBITDA exceeding estimates and consensus, Creutz maintains his ...
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