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Why Did Roblox Stock Plunge After Raising Its Revenue Guidance? Is the Sell-Off a Buying Opportunity?

TheMotleyFool

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Why Did Roblox Stock Plunge After Raising Its Revenue Guidance? Is the Sell-Off a Buying Opportunity?: https://g.foolcdn.com/editorial/images/776801/gettyimages-1127063635.jpg

Shares of Roblox (NYSE: RBLX) sank after its first-quarter results, despite the virtual gaming platform raising its full-year revenue outlook. The stock is now trading down over 30% year to date.

So why is Roblox's stock getting crushed?

Let's examine the company's quarterly results to find out why, and whether now is a good opportunity to buy the stock.

Source Fool.com

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