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Roblox thrives with millions of players, but lawsuits, bans, and scandals are dragging its stock down under pressure.

TL;DR: Roblox faces a lawsuit from Louisiana's attorney general for allegedly enabling child predators, causing its stock to drop nearly 9%. Despite having over 82 million daily users and ...

Roblox Corporation (NYSE: RBLX), the online gaming platform that's especially popular with teens and younger kids, saw its stock sell off hard this morning -- down more than 10%.

Roblox (RBLX) stock drops 9% amid lawsuits & backlash over child safety concerns. Learn how the crisis impacts its reputation and business model.

Roblox is a stock for optimists with a long time horizon -- not for the faint of heart.

User and engagement numbers were also strong for gaming platform Roblox, with daily active users up 41% year over year, and hours engaged up 58%.

Shares of Roblox Corp. surged to a record high on Thursday after the video game maker reported higher user numbers and bookings than analysts had expected.