Search results
Results From The WOW.Com Content Network
(Reuters) -Hindenburg Research disclosed a short position in Roblox on Tuesday, alleging that the gaming platform popular among young children inflated metrics including user numbers and engagement.
The move: Roblox stock plunged as much as 20.3% on Thursday. The chart: Why: The video game platform released mixed fourth-quarter earnings that included soft guidance for 2025.
This week, investors will be eyeing new inflation data, which will offer a look at whether prices have already begun to creep up as some have feared ahead of a major economic reopening. A highly ...
Amazon is the only other Mag Seven component to be up on the year to the tune of 5.9%, slightly ahead of the 3.4% increase for the S&P 500 . Alphabet, Apple, Nvidia, Microsoft, and Tesla are all ...
Roblox's free cash flow grew fivefold in Q2.
Roblox already had good momentum going into the week. With that gust of wind at its back Roblox's stock was enjoying a nearly 18% gain week to date as of late Thursday evening, according to data ...
After all, Roblox remained loss-making ($0.9 billion in 2022 and $1.2 billion in 2023) despite generating more than $2 billion in revenue. Fortunately, the downturn turned out to be temporary ...
Goldman Sachs On Roblox Analyst Eric Sheridan maintained a Neutral rating while slashing the price target from $48 to $38. Roblox indicated it witnessed a decline in engagement in the first ...