On a net-income basis, Roblox is still losing considerable money. In Q3, the company had a net loss of $257 million, which was worse than its net loss of $240 million in the same quarter of last year.
Roblox stock (NYSE: RBLX) has fallen 9% in the past five trading days, fueled by a Wall Street analyst’s pessimistic assessment—citing slowing booking growth—and insider selling by a company director.
Meta stock plunged more than 9% after the Facebook parent company reported third-quarter results. A strong performance from ...
Shares of Roblox Corp (NYSE: RBLX) are trading higher Monday morning following news that video game giant Electronic Arts is set to go private in a landmark leveraged buyout. Here’s what investors ...
FRANKFORT, Ky. (WKYT) - Kentucky Attorney General Russell Coleman has announced a lawsuit against the gaming and social platform Roblox. It alleges that Roblox knowingly created an environment for ...