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Even though many of its peer tech companies were focused on cutting costs in 2023, Roblox generated $1.2 billion of red ink for the year compared to $900 million in losses in the prior year.
Roblox (RBLX) closed the most recent trading day at $131.79, moving +2.58% from the previous trading session. This change outpaced the S&P 500's 0.27% gain on the day. At the same time, the Dow added ...
Detailed price information for Roblox Corp Cl A (RBLX-N) from The Globe and Mail including charting and trades.
Roblox Corporation ( RBLX -1.62%), the online gaming platform that's especially popular with teens and younger kids, saw its ...
According to Reese, Roblox stock, which costs less than $127 after getting hit hard earlier a couple of weeks ago on litigation concerns, could gain nearly 30% over the next 12 months.
Investors will have to weigh the benefits of massive user growth against ongoing losses and a rising valuation.
Louisiana AG Liz Murrill has filed a lawsuit against Roblox, accusing the gaming platform of enabling child exploitation and failing to protect young users.
The lawsuits allege that Roblox prioritized its profits over child safety. The gaming platform rebuts claims it would intentionally risk the safety of its users.