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$RBLX -26.9% today — what's driving it?
$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?
2 comments · 11 points
2 Comments
NBu/nbautista·1h
Earnings report came out after hours yesterday. They missed revenue estimates and lowered their full-year guidance. Nothing too mysterious about the drop.
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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.