(Reuters) -Roblox raised its annual bookings forecast on Thursday and beat quarterly results estimates, a sign that spending on its vast library of user-generated videogames was holding up despite ...

Roblox cut its annual bookings forecast on Thursday, fanning concerns about a slump in the videogame industry and sending its shares down 23% to mark their worst day in more than two years.

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Roblox Corp. shares slid Thursday morning after the operator of a popular video-game platform for kids said Chief Financial Officer Michael Guthrie is stepping down to pursue personal interests.