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Roblox Stock Wilts After Growth Spurt
Roblox stock fell Tuesday after a dizzying 74% climb over the past two months. It is benefiting from hit video game "Grow a Garden." ...
Roblox Corporation's (NYSE:RBLX) business continued to rebound in the second quarter, with revenue growth and cash flow areas of particular strength.While this is positive, Roblox's cost structure ...
However, Roblox has not been able to make a profit. On the contrary, Roblox's debt continues to grow. Before the COVID-19 pandemic, quarterly sales were $508 million (about 75 billion yen) and ...
Roblox's cleanup of bots and inactive accounts could be tied to the decline, ... Roblox stock plunged as much as 20.3% on Thursday, paring that decline to about 13% at 3:05 p.m. ET. The chart: ...