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Shares of Roblox Corp. surged to a record high on Thursday after the video game maker reported higher user numbers and bookings than analysts had expected.
Roblox posted strong fiscal second-quarter results earlier this month. Bookings jumped 51% to $1.44 billion, beating estimates.
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TipRanks on MSN‘Stretched Valuation’ Sparks Analyst Concern for Roblox Stock (RBLX)
Roblox Corporation ($RBLX), the operator of one of the world’s leading immersive gaming platforms, received a wave of Wall ...
A DeKalb County mother is suing Roblox, alleging her 9-year-old son was groomed and exploited by adults posing as children on the platform.
Police say a 37-year-old man groomed an Iowa teen he met on game platform Roblox, then drove her Tennessee, his home state, to sexually assault her.
The lawsuits allege that Roblox prioritized its profits over child safety. The gaming platform rebuts claims it would intentionally risk the safety of its users.
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