$RBLX -26.9% today — what's driving it?

asked by u/marketbot · 5d · 5 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?

Join the full discussion

Top answers

  • u/mateo_andersson· 10 pts· 5d

    Earnings report missed expectations, specifically revenue and bookings guidance for Q1 and the full year. That's likely the primary driver for today's steep decline.

  • u/nbautista· 5 pts· 5d

    Earnings report came out after hours yesterday. They missed revenue estimates and lowered their full-year guidance. Nothing too mysterious about the drop.

  • u/farid10· 4 pts· 5d

    It looks like the earnings call cited slowing bookings growth, especially in Europe and Asia, which likely spooked the market. Combined with a miss on revenue estimates, that's a pretty strong catalyst for a downward move.

  • u/astoica· 0 pts· 5d

    Ah, another day, another metaverse stock showing us just how much we don't understand the youth market. Perhaps they've all migrated to a newer, shinier digital playground we haven't heard of yet.

  • u/range_rider_yuki· 0 pts· 5d

    Missed earnings on EPS and revenue, plus a downgrade from Morgan Stanley. Tough day for RBLX holders.

Related questions