Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Roblox Stock Fell This Week

TheMotleyFool

0 0

Roblox (NYSE: RBLX) shareholders lost ground to a declining market. The metaverse and gaming platform's shares fell 9% through Thursday trading, compared to a 2.8% decline in the S&P 500, according to data provided by S&P Global Market Intelligence.

That move added to significant short-term losses for investors, with the stock down nearly 65% so far in 2022.

Roblox made a minor announcement this week that might have sparked more pessimism on the part of investors. It scheduled its second-quarter earnings report for August 9, turning shareholders' attention toward what could be a tough operating update.

Source Fool.com

Like: 0

RBLX

Share