Roblox's bombshell guidance for 2024 stunned investors as RBLX stock plunged more than 20%. Roblox's lowered bookings outlook intensified concerns about the sustainability of its growth thesis. Roblox ...
Roblox Corp (NYSE:RBLX) stock plunged after it reported fiscal first-quarter 2024 bookings growth of 19% year-on-year to $923.80 million, beating the analyst consensus estimate of $922.98 million.
(Bloomberg) --Roblox Corp.’s efforts to win over new players has earned the popular video-game platform its first investment-grade rating, after S&P Global Ratings upgraded the firm. The company’s ...