Roblox staff told to return to office or leave
Working in an office strengthens the company culture and results in "more innovative and productive employees"
Company
Roblox Corp
NYSE:RBLX
Roblox is an online game platform and game creation system that allows users to program games and play games created by other users. Roblox is free-to-play, with in-game purchases available through a virtual currency called "Robux".
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Roblox Corp's shares plunge 19% after it misses quarterly earnings estimates
The company reported net bookings of US$639.9mln compared to analysts' expectations of US$644.4mln, and loss per share at 30c compared to 21c expected
Roblox can be the next tech superstar reckons broker
Developers are its key asset and vital to the long-term success of the Nasdaq listed company.
Roblox shares dive after earnings miss
The company missed analyst targets on revenue and users, with losses nearly double expectations
Roblox is back online following three-day hiatus
The gaming platform, which has over 40 million daily users worldwide, confirmed the problem was an internal issue rather than an external attack
Roblox stock slumps as user spending slows
Spending per user increased only slightly in the second quarter and dropped for the month of July.
Roblox is seeing a summertime slump, is it an opportunity for investors?
Quarterly gamer number disappointed this week sending the share price lower.
Roblox sees bookings and revenues soar in first results since listing
For the first quarter of 2021, the online video game platform reported bookings of US$652.3mln, up 161% year-on-year, while revenues jumped 140% to US$387mln
Roblox secures support from ARK ETF but shares lose momentum on Friday
The ARK Next Generation Internet ETF, run by millionaire stockpicker Cathie Wood, has backed the firm with the purchase of over half a million shares
Roblox makes strong start to life as a listed company
Shares in the online video game platform ended Wednesday's session at around US$69.50, 54% higher than the US$45 reference price provided by the NYSE ahead of its direct listing
Roblox surges in first day of dealings as it eyes Reddit meme stock status
The online video game platform, which has garnered a reputation in recent years as a source of internet memes, went public at the start of Wednesday's session in New York through a direct listing
Roblox delays Reddit ‘meme stock’ status as direct listing pushed back to March
The online platform, which allows users to create and play video games, has been popularised online for years as a source of humourous memes, however, it now hopes to popularise itself among investors instead