NYSE:RBLX - New York Stock Exchange, Inc. - US7710491033 - Common Stock - Currency: USD
Ark Invest made significant trades on Friday, selling shares of RBLX, ROKU, PATH and buying shares of IBTA, PSNL, ABSI, and RXRX.
Roblox’s 37.1% return over the past six months has outpaced the S&P 500 by 32.1%, and its stock price has climbed to $60.52 per share. This run-up might have investors contemplating their next move.
Roblox’s 37.1% return over the past six months has outpaced the S&P 500 by 32.1%, and its stock price has climbed to $60.52 per share. This run-up might have investors contemplating their next move.
Roblox shares came under pressure as its earnings release disappointed. What is to make of the dip in this renowned gaming stock?
Mentions: MSFT
A new initiative from Alphabet Inc., OpenAI, Roblox Corp. and Discord raised more than $27 million to provide free, open-source tools for improving child safety online.
The SEC declined to share correspondence between itself and the Department of Enforcement staff due to the potential harm it could cause to the ongoing enforcement proceeding.
Roblox Corp., the video-game service used by millions of young people, is part of an active investigation by the US Securities and Exchange Commission, according to information obtained by Bloomberg News.
Stocks witnessed strength this week amid President Donald Trump’s decision to delay the implementation of tariffs on Canada and Mexico, mixed earnings and jobs data, and relatively robust manufacturing data.
Shares of gaming metaverse operator Roblox (NYSE:RBLX) fell 25.2% in the pre-market session after the company reported mixed fourth quarter results. Its daily active users missed and its guidance for 20% bookings growth in 2025 fell short of Wall Street's lofty expectations, sparking fears about decelerating growth. This is after video game peer Electronic Arts also reported a lackluster quarter.It wasn't all bad though, as sales and EPS beat Wall Street's expectations in the quarter. Still, the
Shares of gaming metaverse operator Roblox (NYSE:RBLX) fell 25.2% in the pre-market session after the company reported mixed fourth quarter results. Its daily active users missed and its guidance for 20% bookings growth in 2025 fell short of Wall Street's lofty expectations, sparking fears about decelerating growth. This is after video game peer Electronic Arts also reported a lackluster quarter.It wasn't all bad though, as sales and EPS beat Wall Street's expectations in the quarter. Still, the market is focused on the guide.
Mentions: EA
Roblox had a solid quarter, yet shares fell by 20%; the plunge is an opportunity for investors focused on the bigger picture, cash flow and free cash flow.
Gaming metaverse operator Roblox (NYSE:RBLX) reported Q4 CY2024 results exceeding the market’s revenue expectations, with sales up 31.8% year on year to $988.2 million. The company expects next quarter’s revenue to be around $1.00 billion, coming in 2.5% above analysts’ estimates. Its GAAP loss of $0.33 per share was 26.2% above analysts’ consensus estimates.
Roblox stock collapsed after the online gaming and social platform missed estimates for users and bookings in the fourth quarter.