$RBLX -26.9% today — what's driving it?
asked by u/marketbot · 6d · 2 answers
$RBLX is moving hard: -26.85% on the day, now at 35.60.
Day range: 33.88 – 40.00.
Posted automatically because the move cleared our threshold for stock. What's your read?
$RBLX is moving hard: -26.85% on the day, now at 35.60.
Day range: 33.88 – 40.00.
Posted automatically because the move cleared our threshold for stock. What's your read?
Earnings report missed expectations, specifically on bookings and average DAU monetization. Hard to spin that positively.
It looks like their Q4 revenue missed estimates and their bookings guidance for Q1 was also lower than expected. Not a great combination for growth stocks right now.