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Roblox Inflated Data And Doesn’t Protect Underage Gamers, Short Seller Alleges—Stock Falls 4% By Derek Saul, Former Staff. Derek Saul has covered markets for the Forbes news team since 2021.
Roblox thrives with 20-30% growth & 85.3M daily users but faces challenges from GTA 6 & overvaluation. Learn why RBLX stock has a sell rating here.
Roblox shares have fallen to a two-month low, dropping by 6% on August 15th in the aftermath of two new lawsuits.
As Roblox has outperformed the industry in the past six months, its valuation looks a bit stretched compared with the industry average. RBLX is currently valued at a premium compared with its ...
Roblox Corp. shares fell more than 6% Friday after the company, which operates an online video-game service popular with children, was accused in two lawsuits of failing to sufficiently protect ...