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Raymond James downgraded Roblox shares to Outperform from Strong Buy on Wednesday, citing a sharp run-up in the stock and rising expectations that create a “very high bar” heading into second-quarter ...
Roblox is one of the world’s biggest gaming platforms and it’s aimed squarely at kids. But critics say it hasn’t done enough to protect millions of users from child predators.
For Roblox, advertising is a marginal revenue line, but one that’s important for monetizing players as they get older. (About 42% of players are under 13.) Roblox, which is starting to invest more in ...
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