The post What Is the Forecast for Roblox 2024? You Won’t Like My Answer appeared first on InvestorPlace.

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.

(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 ...