Roblox shares dive 24% after earnings miss
Roblox shares plunged 24% Wednesday after reporting earnings that missed expectations.The gaming company reported fourth-quarter revenue (bookings) of $770 million, down from the $772 million expected, per Refinitiv consensus estimates. Its loss of 25 cents per share was wider than the 13 cents anticipated, and it reported 49.5 million daily active users during the quarter,…Continue Reading