Roblox shares have dropped by 20% as the platform’s daily active users fell short of projections, despite record revenues.

Roblox Corp. shares dropped as much as 20%, the biggest intraday decline since May, after the video-game platform reported daily active users for the fourth quarter that fell short of analysts’ ...

Roblox shares plummeted more than 12% on disappointing fourth-quarter bookings and daily active user figures. Daily active users came in at 85.3 million, versus a StreetAccount estimate of 88.2 ...