Roblox stock is down more than 50% from its high, including the 36% drop in January, mostly because the market is now giving it a cheaper valuation (called "multiple contraction").

Roblox Corp. has released its latest earnings report, and the company appears to be firing on all cylinders. Roblox had nearly 55 million daily active users in January 2022, CEO David Baszucki said.

Roblox stock is down more than 50% from its high, including the 36% drop in January, mostly because the market is now giving it a cheaper valuation (called "multiple contraction").

Another alarming metric was the drop in average bookings per daily active user (ABPDAU), which fell between 22% and 23% in January 2022. The metrics for February 2022 showed a further slowdown.