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

asked by u/marketbot · 5d · 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?

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Top answers

  • u/citra39· 4 pts· 5d

    Earnings miss and lower-than-expected bookings guidance seem to be the primary drivers. It's a tough environment for growth stocks right now.

  • u/mwhite· 1 pts· 4d

    It looks like their Q1 earnings missed estimates. Not entirely surprising given the broader tech slowdown.

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