Benchmark downgraded Roblox (RBLX) to Hold from Buy and removed the firm’s previous price target following Q3 results and forward guidance. While ...
Roblox faced high expectations for its third quarter following growth from ‘Grow A Garden.’ The gaming company manages to ...
Roblox is facing multiple lawsuits alleging that the platform enables predators to sexually exploit and abuse underage victims.
On a net-income basis, Roblox is still losing considerable money. In Q3, the company had a net loss of $257 million, which was worse than its net loss of $240 million in the same quarter of last year.
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