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, ...
If the company can achieve its goals, the current valuation could seem extremely cheap.
Investing.com -- Morgan Stanley turned more bullish on Roblox Corp., saying the gaming platform is on track to exceed 1 billion monthly active users by 2030, a milestone that could lift its shares to ...
Raymond James cut its investment rating on Roblox (NYSE:RBLX) to "outperform" from "strong buy" on Wednesday. The research firm said the success of Grow A Garden has helped drive the stock price up 74 ...
Roblox has no trouble attracting players, but profitability is another story. With steep losses and a premium valuation, ...