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Here's Why Roblox (RBLX) Fell More Than Broader Market
In the latest trading session, Roblox (RBLX) closed at $135.87, marking a -1.01% move from the previous day. The stock's performance was behind the S&P 500's daily loss of 0.13%. Meanwhile, the Dow ...
TL;DR: Roblox faced a $12 billion market cap loss after banning YouTuber Schlep, who exposes child predators on its platform. The ban sparked community outrage, a petition against CEO David Baszucki, ...
Roblox (NYSE:RBLX) just took a beating, sinking nearly 14% as of 1.02pm today, after dropping its Q4 2024 earnings. At first glance, the numbers looked solidrevenue surged 32% to $988 million, and ...
The Louisiana Attorney General filed a lawsuit against Roblox, claiming the company failed to implement robust safety protocols, creating opportunities for child predators. Meanwhile, a federal ...
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