Roblox Corporation RBLX has seen a sharp 38% decline over the past three months compared with the industry’s fall of 11.1%.
Roblox faces slowing growth, lawsuits and valuation risks. Analysts warn the stock could drop 40% amid mounting challenges.
Roblox (RBLX) ended the recent trading session at $81.94, demonstrating a -2.35% change from the preceding day's closing price. The stock's change was less than the S&P 500's daily gain of 0.88%.
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Roblox is among the most downloaded online games in the world, reporting millions of daily users from across the globe.
This article was featured in One Great Story, New York’s reading recommendation newsletter. Sign up here to get it nightly. I’ve arrived in the middle of a vast expanse of what looks like green LEGO ...