Roblox faces slowing growth, lawsuits and valuation risks. Analysts warn the stock could drop 40% amid mounting challenges.
Roblox (NYSE: RBLX) shareholders lost ground to a declining market. The metaverse and gaming platform's shares fell 9% through Thursday trading, compared to a 2.8% decline in the S&P 500, according to ...
WILLIAMSON COUNTY, Tenn. — Tennessee Attorney General Jonathan Skrmetti filed a civil enforcement lawsuit against Roblox ...
The research firm said they are positive on RBLX’s longer-term positioning in the video game ecosystem but think shares could ...
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Roblox Cites Free Speech in Seeking Dismissal From Play Addiction Suits
The gaming platform Roblox Corp. is seeking dismissal of multiple lawsuits brought by plaintiffs who allege addiction and personality changes among their children due to the company’s failure to warn ...
Roblox missed Wall Street's consensus targets on the top and bottom lines by the smallest of margins. Analysts expected a net loss of roughly $0.45 per share on sales in the neighborhood of $785 ...
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Kentucky AG tells parents Roblox’s safety measures fall short
Kentucky Attorney General Russell Coleman has taken his critique of Roblox national, asking parents not to trust the gaming platform to protect their children.
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