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Roblox is scheduled to report 2022 first-quarter earnings next week, and that could be the catalyst that boosts the share price. Image source: Getty Images.
Investors will have to weigh the benefits of massive user growth against ongoing losses and a rising valuation.
Roblox stock has been hit hard, as have most technology stocks. But the company’s financials are holding up well. Here's a quick run through of the financials of this unique gaming mainstay.
Roblox will need to reverse the negative trend in bookings growth before the stock recovers.
Roblox Corp (NYSE: RBLX) stock is trading higher amid reports of Nicki Minaj joining the popular gaming platform, coinciding with the release of her new album, "Pink Friday 2," on December 8, 2023.
One of the big players in the “metaverse” space, gaming platform Roblox, saw its stock tumble by more than 15% in pre-market trading on Wednesday after reporting a wider-than-anticipated loss ...
Roblox Corp missed estimates for quarterly bookings on Tuesday, in yet another sign the gaming industry is facing a slowdown after a pandemic-fueled boom, sending shares of the gaming platform ...
Roblox may become 2022’s meme favorite, thanks to an unexpected source. In a disclosure the House clerk made public on Dec. 30, 2020, House Speaker Nancy Pelosi disclosed her positions.