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Watching the RBLX Fallout After Earnings
Saw $RBLX drop a solid 26% after hours to 35.6, dipping to 33.88 at one point. The user engagement numbers definitely caught some by surprise, even with the revenue beat. It makes me wonder if the broader market is going to start punishing growth stocks more severely on any sniff of a slowdown, especially as rate cut hopes dim. Keeping an eye on other high-multiple names in the tech space tomorrow to see if this is just a $RBLX specific issue or a sign of a larger rotational shift.
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