J.P. Morgan on Friday downgraded Roblox (RBLX) to "neutral" from a previous investment rating of "overweight." Shares of the company are down 5.1% before midday. The research firm said they are ...
Florida Attorney General James Uthmeier has filed a lawsuit against Roblox (RBLX) to hold the company accountable for misrepresenting the virtual gaming platform’s safety. In a public statement from ...
After years of ever-growing losses, video gaming outfit Roblox finally started moving toward profitability. Now, however, the company is being forced to ramp up its outlays that were supposed to be ...
Roblox sued over alleged child safety failures Florida AG accuses platform of misleading parents Stock trades at $94.44 despite legal pressure Financials show strong revenue but deep losses Long-term ...
He cited the viral success of Grow a Garden and multiple other breakout hits as evidence that the platform can regularly deliver mass-appeal experiences. Roblox’s large developer community, easy ...
Roblox stock has been a wild ride for investors, but the business continues to expand at high rates. Daily users and time spent on the platform have nearly doubled in the last two years. Patience ...